Advanced Energy Industries (AEIS) Tops Q1 EPS by 4c, Q2 Guidance Misses

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Go back to Advanced Energy Industries (AEIS) Tops Q1 EPS by 4c, Q2 Guidance Misses

Advanced Energy Announces First Quarter 2021 Results

May 5, 2021 7:50 AM EDT

Q1 revenue was $352 million, above the guidance midpoint of $350 million GAAP EPS from continuing operations was $0.99 Non-GAAP EPS was $1.29, above the guidance midpoint of $1.25 Q1 operating cash flow from continuing operations exceeded $54 million

DENVER--(BUSINESS WIRE)-- Advanced Energy Industries, Inc. (Nasdaq: AEIS), a global leader in highly engineered, precision power conversion, measurement, and control solutions, today announced financial results for the first quarter ended March 31, 2021.

Financial results for the first quarter reflected strong market demand, with double-digit year... More