NASDAQ:AEIS - Nasdaq - US0079731008 - Common Stock - Currency: USD
What a brutal six months it’s been for Advanced Energy. The stock has dropped 21.5% and now trades at $85.29, rattling many shareholders. This might have investors contemplating their next move.
Mentions: META
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Manufacturing equipment and systems provider Advanced Energy (NASDAQ:AEIS) reported Q4 CY2024 results exceeding the market’s revenue expectations, with sales up 2.5% year on year to $415.4 million. Guidance for next quarter’s revenue was optimistic at $392 million at the midpoint, 2.3% above analysts’ estimates. Its non-GAAP profit of $1.30 per share was 18% above analysts’ consensus estimates.
Manufacturing equipment and systems provider Advanced Energy (NASDAQ:AEIS) will be reporting earnings tomorrow after the bell. Here’s what to expect.