Advanced Energy Indus (NASDAQ:AEIS) reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Advanced Energy Indus beat estimated earnings by 9.73%, reporting an EPS of $1.24 versus an estimate of $1.13.
Revenue was up $27.58 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.1 which was followed by a 4.27% drop in the share price the next day.
Here’s a look at Advanced Energy Indus’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 1.6 | 1.39 | 1.11 | 0.95 |
| EPS Actual | 1.7 | 2.12 | 1.44 | 1.24 |
| Revenue Estimate | 476.88M | 439.72M | 401.58M | 360.99M |
| Revenue Actual | 490.74M | 516.27M | 440.95M | 397.46M |
To track all earnings releases for Advanced Energy Indus visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
