Advanced Energy Industries, Inc. ( (AEIS) ) has released its Q4 earnings. Here is a breakdown of the information Advanced Energy Industries, Inc. presented to its investors.
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Advanced Energy Industries, Inc., headquartered in Denver, Colorado, is a leading provider of precision power conversion, measurement, and control solutions for mission-critical applications across various industries, including semiconductor equipment, industrial production, and data center computing.
The company’s fourth quarter and full-year 2024 financial results demonstrate a significant rebound, with Q4 revenue reaching $415.4 million, surpassing guidance expectations. The company reported a Q4 GAAP EPS from continuing operations of $1.29 and a Non-GAAP EPS of $1.30, both exceeding the mid-point of guidance.
In 2024, Advanced Energy recorded total revenue of $1.48 billion, a decline from the previous year, reflecting challenges in the market. Despite this, the company’s strategic focus on its semiconductor and data center segments resulted in robust demand, contributing to a stronger Q4 performance. The year concluded with a GAAP net income of $56.3 million, underscored by strategic restructuring actions and operational efficiencies.
Looking forward, the company projects Q1 2025 revenue to be in the range of $372 million to $412 million, with anticipated GAAP EPS from continuing operations between $0.23 to $0.73. Advanced Energy remains optimistic about capturing market opportunities as industry conditions improve, driven by innovation and customer collaboration.
