Advanced Energy Indus (NASDAQ:AEIS) reported its Q4 earnings results on Tuesday, February 6, 2024 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Advanced Energy Indus beat estimated earnings by 6.9%, reporting an EPS of $1.24 versus an estimate of $1.16.
Revenue was down $85.47 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.14 which was followed by a 3.05% drop in the share price the next day.
Here’s a look at Advanced Energy Indus’s past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 1.14 | 1.05 | 1.13 | 1.6 |
| EPS Actual | 1.28 | 1.11 | 1.24 | 1.7 |
| Revenue Estimate | 417.90M | 412.66M | 415.15M | 476.88M |
| Revenue Actual | 409.99M | 415.51M | 425.04M | 490.74M |
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.
