Advanced Energy Announces Third Quarter 2020 Results

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Advanced Energy Industries (AEIS) Tops Q3 EPS by 50c, Offers Guidance

November 5, 2020 8:07 AM EST

Advanced Energy Industries (NASDAQ: AEIS) reported Q3 EPS of $1.66, $0.50 better than the analyst estimate of $1.16. Revenue for the quarter came in at $390 million versus the consensus estimate of $350.61 million.

GUIDANCE:

Advanced Energy Industries sees Q4 2020 EPS of $1.10-$1.50, versus the... More