Advanced Energy Industries (AEIS) Tops Q4 EPS by 8c, Misses on Revenue
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Advanced Energy Reports Fourth Quarter and Full Year 2023 Results
February 6, 2024 4:05 PM ESTQ4 revenue was $405 million, in line with the mid-point of guidance Q4 GAAP EPS from continuing operations was $1.01; Q4 Non-GAAP EPS was $1.24, above the mid-point of guidance 2023 revenue was $1.66 billion, with sales in the Industrial and Medical market growing 11% to a record $474 million 2023 GAAP EPS from continuing operations was $3.46; 2023 Non-GAAP EPS was $4.88 2023 cash flow from continuing operations was a record $213 million
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DENVER--(BUSINESS WIRE)-- Advanced Energy Industries, Inc. (Nasdaq: AEIS), a global leader in highly engineered, precision power conversion,... More
