Advanced Energy Reports First Quarter 2024 Results

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Advanced Energy Industries (AEIS) Misses Q1 EPS by 9c, Offers Guidance

May 1, 2024 4:59 PM EDT

Advanced Energy Industries (NASDAQ: AEIS) reported Q1 EPS of $0.58, $0.09 worse than the analyst estimate of $0.67. Revenue for the quarter came in at $327.5 million versus the consensus estimate of $351.74 million.

GUIDANCE:

Advanced Energy Industries sees Q2 2024 EPS of $0.48-$0.98, versus the... More