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 Research Operator Greetings, and welcome to the Advanced Energy's Third Quarter 2024 Earnings Call. At this time, all participants are in a listen-only.
Advanced Energy Industries (AEIS) came out with quarterly earnings of $0.98 per share, beating the Zacks Consensus Estimate of $0.92 per share. This compares to earnings of $1.28 per share a year ago.
AEIS launches the NCF150 series of high-isolation AC-DC power supplies designed to meet stringent CF requirements for safe medical equipment operation.
Advanced Energy (AEIS) reported earnings 30 days ago. What's next for the stock?
Explore Advanced Energy's (AEIS) international revenue trends and how these numbers impact Wall Street's forecasts and what's ahead for the stock.
Second quarter results support the idea that AEIS is past the worst of the cycle, but sequential growth remains soft in the near term ahead of multiple end-market recoveries in 2025. Advanced Energy Industries is strongly leveraged to increasingly sophisticated deposition and etch steps for leading-edge semiconductor production, as well as data center growth and industrial electrification, but execution is paramount. Management has to show it can win high-value market share in markets outside of semiconductors and reap meaningful improvements from manufacturing efficiency initiatives.
Advanced Energy's (AEIS) second-quarter results are hurt by weakness across non-semi markets.
Advanced Energy Industries, Inc. (NASDAQ:AEIS ) Q2 2024 Earnings Conference Call July 30, 2024 4:30 PM ET Company Participants Edwin Mok - Vice President of Strategic Marketing and Investor Relations Steve Kelley - President and Chief Executive Officer Paul Oldham - Chief Financial Officer Conference Call Participants Joe Quatrochi - Wells Fargo Securities, LLC James Ricchiuti - Needham & Company, LLC Krish Sankar - TD Cowen Steve Barger - KeyBanc Capital Markets Mehdi Hosseini - Susquehanna International Group, LLP Scott Graham - Seaport Research Partners Mark Miller - The Benchmark Company, LLC Operator Greetings. Welcome to Advanced Energy's Second Quarter 2024 Earnings Call.
Although the revenue and EPS for Advanced Energy (AEIS) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Advanced Energy Industries (AEIS) came out with quarterly earnings of $0.85 per share, beating the Zacks Consensus Estimate of $0.69 per share. This compares to earnings of $1.11 per share a year ago.
Advanced Energy (AEIS) reported earnings 30 days ago. What's next for the stock?
Advanced Energy (AEIS) raises offer to acquire XP Power, which will strengthen its position in the precision power industry.