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

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

Advanced Energy Announces Second Quarter 2020 Results

August 5, 2020 7:30 AM EDT

Q2 revenue was a record $340 million, at the high end of the guidance range of $285 million to $345 million Q2 GAAP EPS from continuing operations was $0.76 Q2 Non-GAAP EPS was $1.18, above the guidance range of $0.50 to $1.10

DENVER--(BUSINESS WIRE)-- Advanced Energy Industries, Inc. (Nasdaq: AEIS), today announced financial results for the second quarter ended June 30, 2020.

In Q2 we delivered record revenue with margins, earnings, and cash flow generation above expectations. As a pure play power leader, we are leveraging our operational... More