Advanced Energy Industries (AEIS) Announces $200M Share Buyback Program; Reports Earnings

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Advanced Energy Industries (AEIS) Misses Q2 EPS by 2c, Raises Buyback by $200M, Q3 Guidance Misses Consensus

August 4, 2021 7:57 AM EDT

Advanced Energy Industries (NASDAQ: AEIS) reported Q2 EPS of $1.25, $0.02 worse than the analyst estimate of $1.27. Revenue for the quarter came in at $361 million versus the consensus estimate of $362.14 million.

Share repurchase authorization increased to $200 million

GUIDANCE:

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