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Advanced Energy reports Q2 adjusted EPS $1.11, consensus $1.05

Reports Q2 revenue $416M, consensus $412.66M. “Second quarter results were led by record revenue in the Industrial and Medical market, highlighting the benefits of our broad-based growth and diversification strategy,” said Steve Kelley, president and CEO of Advanced Energy. “We are experiencing strong design win activity across the portfolio, with particularly high interest in our two new plasma power platforms for semiconductor applications.”

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