Advanced Energy Industries (AEIS) Tops Q4 EPS by 14c, Revenues Beat; Offers 1Q EPS Guidance

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Advanced Energy Announces Fourth Quarter and Full Year 2020 Results

February 10, 2021 7:30 AM EST

Q4 revenue was $371 million, above the guidance midpoint of $360 million Fiscal 2020 revenue was $1.416 billion, up 79% over 2019 Q4 GAAP EPS from continuing operations was $1.09; non-GAAP EPS was $1.49, at the high end of the guidance range of $1.10 to $1.50 Fiscal 2020 non-GAAP EPS was a record $5.23, more than double the $2.44 from fiscal 2019 2020 operating cash flow from continuing operations exceeded $200 million

DENVER--(BUSINESS WIRE)-- Advanced Energy Industries, Inc. (Nasdaq: AEIS), a global leader in highly engineered, precision power conversion, measurement, and control solutions, today... More