Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 000-26966 ADVANCED ENERGY INDUSTRIES, INC. (Exact name of registrant as specified in its charter) Delaware 84-0846841 (State ...

Exhibit 99.1 Financial News Release Advanced Energy Reports First Quarter 2024 Results ● Revenue was $327.5 million, below guidance ● GAAP EPS from continuing operations was $0.15, within the guidance range ● Non-GAAP EPS was $0.58, within the guidance range DENVER, Colo., May 1, 2024 - 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, 2 ...

The global semiconductor industry is undergoing a remarkable transformation in 2024, fueled by advancements in AI chipsets, data center GPUs, chiplets and next-generation memories. This evolution is unlocking unprecedented possibilities across various sectors, from automotive and high-performance computing (HPC) to consumer electronics and healthcare.Sales data from the Semiconductor Industry Association reflects this trend, with semiconductor sales showing strong year-over-year growth of 16.3% and 15.2%, r ...

Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:Advanced Energy Industries, Inc. (AEIS) is a power electronics company. The Zacks Consensus Estimate for its current year earnings has been revised 8.2% downward over the last 60 days.American Resources Corporation (AREC) is a metallurgical coal mining company. The Zacks Consensus Estimate for its current year earnings has been revised 50% downward over the last 60 days.Anhui Conch Cement Company Limited (AHCHY) is a cement production ...

Learn why power semiconductors are crucial in today's fastest-growing tech sectors -- and take advantage of this oft-overlooked niche with three incredible power chip stocks.Power controllers may not sound as thrilling as artificial intelligence (AI) services or number-crunching microchips, but the tech world would stop without them. As such, investors should pay close attention to power semiconductor specialists.You're about to enjoy three great power management investments in April 2024, presented by thre ...

Paper Boat Creative/DigitalVision via Getty Images Writing about Advanced Energy Industries (NASDAQ:AEIS) in late September, I was concerned about the near-term outlook for semiconductor manufacturing equipment demand as well as key industrial end-markets like manufacturing and automation. Those concerns have definitely played out, as AEIS saw meaningfully weaker demand in the fourth quarter of 2023 and guided substantially below expectations for the first quarter of this year. Unfortunately, this is no ...

Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:Advanced Energy Industries, Inc. (AEIS) is an electrical engineering solutions provider. The Zacks Consensus Estimate for its current year earnings has been revised 25.1% downward over the last 60 days.Anhui Conch Cement Company Limited (AHCHY) is a cement manufacturing company. The Zacks Consensus Estimate for its current year earnings has been revised 8.1% downward over the last 60 days.Capital City Bank Group, Inc. (CCBG) is a fina ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 000-26966 ADVANCED ENERGY INDUSTRIES, INC. (Exact name of registrant as specified in its charter) Delaware 84-0846841 (State or o ...

Advanced Energy Industries (AEIS) reported mixed fourth-quarter 2023 non-GAAP earnings of $1.24 per share, beating the Zacks Consensus Estimate by 7.83%. However, the bottom-line figure declined 27.1% on a year-over-year basis.Revenues of $405 million lagged the Zacks Consensus Estimate by 0.59% and declined 17.4% year over year primarily due to the weakness across the Industrial & Medical and Data Center Computing end-markets.Despite this decline, the backlog was $407 million at the end of the reported qua ...

For the quarter ended December 2023, Advanced Energy Industries (AEIS) reported revenue of $405.27 million, down 17.4% over the same period last year. EPS came in at $1.24, compared to $1.70 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $407.66 million, representing a surprise of -0.59%. The company delivered an EPS surprise of +7.83%, with the consensus EPS estimate being $1.15.While investors closely watch year-over-year changes in headline numbers -- revenue and ...