Advanced Energy Announces Second Quarter 2020 Results

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Advanced Energy Industries (AEIS) PT Raised to $85 at Raymond James

August 5, 2020 9:36 AM EDT

Raymond James analyst Pavel Molchanov raised the price target on Advanced Energy Industries (NASDAQ: AEIS) to $85.00 (from $73.00) while maintaining a Outperform rating.

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Advanced Energy Industries (AEIS) Tops Q2 EPS by 37c, Offers Q3 Guidance

August 5, 2020 7:32 AM EDT

Advanced Energy Industries (NASDAQ: AEIS) reported Q2 EPS of $1.18, $0.37 better than the analyst estimate of $0.81. Revenue for the quarter came in at $340 million versus the consensus estimate of $318.21 million.

GUIDANCE:

Advanced Energy Industries sees Q3 2020 EPS of $0.90-$1.40, versus the... More