Advanced Energy Announces Second Quarter 2022 Results and Increased Share Repurchase Authorization

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Advanced Energy Industries (AEIS) Tops Q2 EPS by 33c; Offers Q3 Guidance

August 3, 2022 4:10 PM EDT

Advanced Energy Industries (NASDAQ: AEIS) reported Q2 EPS of $1.44, $0.33 better than the analyst estimate of $1.11. Revenue for the quarter came in at $441 million versus the consensus estimate of $401.58 million.

GUIDANCE:

Advanced Energy Industries sees Q3 2022 EPS of $1.00-$1.60, versus the... More