Advanced Energy Industries (AEIS) reported fourth-quarter 2024 non-GAAP earnings of $1.30 per share, surpassing the mid-point of its guidance and beating the Zacks Consensus Estimate by 19.27%. The bottom line rose 4.8% year over year.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Revenues of $415.4 million beat the Zacks Consensus Estimate by 6.45% and grew 2.5% year over year, driven by increased semiconductor demand and strength in data center computing.AEIS expects data center de ...

Advanced Energy Industries, Inc. (NASDAQ:AEIS) Q4 2024 Earnings Conference Call February 12, 2025 4:30 PM ET Company Participants Edwin Mok - VP of Strategic Marketing & IR Steve Kelley - President & CEO Paul Oldham - EVP and CFO Conference Call Participants Brian Chin - Stifel Krish Sankar - TD Cowen Scott Graham - Seaport Research James Ricchiuti - Needham & Company Rob Mason - Baird Joe Quatrochi - Wells Fargo Steve Barger - KeyBanc Capital Markets Mehwish Mehboob - Susquehanna Operator Greetings, and we ...

Advanced Energy Industries, Inc. (NASDAQ:AEIS) Q4 2024 Earnings Conference Call February 12, 2025 4:30 PM ET Company Participants Edwin Mok - VP of Strategic Marketing & IR Steve Kelley - President & CEO Paul Oldham - EVP and CFO Conference Call Participants Brian Chin - Stifel Krish Sankar - TD Cowen Scott Graham - Seaport Research James Ricchiuti - Needham & Company Rob Mason - Baird Joe Quatrochi - Wells Fargo Steve Barger - KeyBanc Capital Markets Mehwish Mehboob - Susquehanna Operator Greetings, and we ...

Advanced Energy Industries (AEIS) came out with quarterly earnings of $1.30 per share, beating the Zacks Consensus Estimate of $1.09 per share. This compares to earnings of $1.24 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 19.27%. A quarter ago, it was expected that this maker of power-conversion products would post earnings of $0.92 per share when it actually produced earnings of $0.98, delivering a surprise of 6.52%.Over ...

Financial Performance - Q4 2024 revenue was $415.4 million, up from $405.3 million in Q4 2023, marking a year-over-year growth [3]. - Full year 2024 revenue decreased by 10% to $1.48 billion from $1.66 billion in 2023 [8]. - Q1 2025 revenue guidance is set between $392 million and $412 million [13]. - The company provided Q1 2025 revenue guidance between $372 million and $412 million [34]. Net Income and Earnings Per Share - GAAP net income for Q4 2024 was $49.1 million or $1.29 per diluted share, compared to a net loss of $14.1 million in Q3 2024 [4]. - Non-GAAP net income for Q4 2024 was $49.4 million or $1.30 per diluted share, compared to $46.7 million or $1.24 per diluted share in Q4 2023 [7]. - Non-GAAP net income for the full year 2024 was $140.3 million or $3.71 per diluted share, down from $184.0 million or $4.88 per diluted share in 2023 [11]. - Income from continuing operations, net of income tax for Q4 2024 was $49,062 thousand, compared to $37,891 thousand in Q4 2023 [31]. - Non-GAAP income, net of income tax for Q4 2024 was $49,359 thousand, an increase from $46,677 thousand in Q4 2023 [31]. - Diluted earnings per share from continuing operations for Q4 2024 was $1.29, with non-GAAP earnings per share at $1.30 [33]. - GAAP EPS from continuing operations for Q1 2025 is projected to be $0.48, with a range of +/- $0.25 [13]. - Non-GAAP earnings per share guidance for Q1 2025 is projected to be between $0.78 and $1.28 [34]. Cash Flow and Assets - The company generated $132.9 million in cash flow from continuing operations for the full year 2024 [10]. - Cash and equivalents at year-end 2024 were $722.1 million, with outstanding debt of $564.7 million [10]. - Cash and cash equivalents at the end of 2024 were $722,086 thousand, down from $1,044,556 thousand at the end of 2023 [27]. - Total assets decreased to $2,261,894 thousand as of December 31, 2024, from $2,556,757 thousand in 2023 [26]. - Long-term debt decreased to $564,695 thousand as of December 31, 2024, from $895,679 thousand in 2023 [26]. Operating Performance - Gross profit for Q4 2024 was $154,705 thousand, resulting in a gross margin of 37.2%, compared to 35.3% in Q3 2023 [28]. - Reported gross profit from continuing operations for Q4 2024 was $154,705 thousand, an increase from $142,866 thousand in Q4 2023 [30]. - Non-GAAP gross profit for Q4 2024 was $157,852 thousand, compared to $144,528 thousand in Q4 2023, resulting in a non-GAAP gross margin of 38.0% [30]. - Non-GAAP operating income for Q4 2024 was $56,078 thousand, up from $49,659 thousand in Q4 2023, with a non-GAAP operating margin of 13.5% [30]. - Operating income for the year ended December 31, 2024, was $36,607 thousand, down from $113,694 thousand in 2023 [27]. - Research and development expenses increased to $211,834 thousand for the year ended December 31, 2024, compared to $202,439 thousand in 2023 [27]. - The company reported a decrease in operating expenses from continuing operations, as reported, to $120,695 thousand in Q4 2024 from $129,096 thousand in Q4 2023 [30]. - Stock-based compensation increased to $1,063 thousand in Q4 2024 from $472 thousand in Q4 2023 [30]. Revenue by Segment - Semiconductor equipment revenue for Q4 2024 was $226,838 thousand, up from $191,375 thousand in Q4 2023 [28]. - North America revenue for Q4 2024 was $187,382 thousand, slightly up from $187,240 thousand in Q4 2023 [29].

It has been about a month since the last earnings report for Advanced Energy Industries (AEIS) . Shares have added about 5.6% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Advanced Energy due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. AEIS Q3 Earnings Beat Estima ...

Writing about Advanced Energy Industries, Inc. (NASDAQ: AEIS ) in August of this year , I'd characterize my stance as "cautiously bullish" as the company continued to navigate its way through painful cyclical downturns across much ofAnalyst’s Disclosure: I/we have a beneficial long position in the shares of AEIS either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). ...

Advanced Energy Industries (AEIS) reported non-GAAP earnings of 98 cents per share in the third quarter of 2024, beating the Zacks Consensus Estimate by 6.52%. The bottom line declined 23.4% on a year-over-year basis.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Revenues of $374.22 million missed the Zacks Consensus Estimate by 0.09% and declined 8.7% year over year, primarily due to the weakness across Industrial, Medical and Telecom sectors.However, revenue was up 3% sequentially ...

Advanced Energy Industries (AEIS) reported $374.22 million in revenue for the quarter ended September 2024, representing a year-over-year decline of 8.7%. EPS of $0.98 for the same period compares to $1.28 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $374.54 million, representing a surprise of -0.09%. The company delivered an EPS surprise of +6.52%, with the consensus EPS estimate being $0.92.While investors scrutinize revenue and earnings changes year-over-year and how they c ...

Advanced Energy Industries, Inc. (NASDAQ:AEIS) Q3 2024 Earnings Conference Call October 30, 2024 4:30 PM ET Company Participants Edwin Mok - Vice President of Strategic Marketing & Investor Relations Steve Kelley - President & Chief Executive Officer Paul Oldham - Executive Vice President Conference Call Participants Brian Chin - Stifel Joe Quatrochi - Wells Fargo Steve Barger - KeyBanc Capital Markets Robert Mertens - TD Cowen Rob Mason - Baird Jim Ricchiuti - Needham & Company Scott Graham - Seaport Resea ...