Have you evaluated the performance of Advanced Energy Industries' (AEIS) international operations for the quarter ending March 2024? Given the extensive global presence of this maker of power-conversion products, analyzing the patterns in international revenues is crucial for understanding its financial strength and potential for growth. The global economy today is deeply interlinked, making a company's engagement with international markets a critical factor in determining its financial success and growth p ...

Advanced Energy Industries (AEIS) reported non-GAAP earnings of 58 cents per share in first-quarter 2024, missing the Zacks Consensus Estimate by 18.31%. The bottom-line figure declined 53.2% on a year-over-year basis. Revenues of $327 million lagged the Zacks Consensus Estimate by 8.35% and declined 23% year over year, primarily due to the weakness across non-semi markets. End Market in Detail Semiconductor Equipment: Revenues (54.9% of total revenues) generated from the market fell 7.4% year over year to ...

财务数据和关键指标变化 - 第一季度收入下降19%,主要受非半导体市场需求疲软影响 [28] - 毛利率为35.1%,与上季度持平,主要得益于产品组合优化和成本控制措施 [35] - 经营费用连续5个季度下降,较上季度减少7% [36][37] - 第一季度每股收益为0.58美元,符合指引范围 [39] - 现金及投资总额为10.2亿美元,净现金为1.06亿美元 [40] 各条业务线数据和关键指标变化 - 半导体业务收入为1.8亿美元,环比下降6%,同比下降7%,但好于预期 [31] - 工业医疗业务收入为8300万美元,环比下降23%,同比下降32%,受通道库存调整影响 [32] - 数据中心计算业务收入为4200万美元,环比下降33%,同比下降30%,受到单一大客户项目推迟影响 [33] - 电信网络业务收入为2200万美元,环比下降48%,同比下降超过50%,受需求疲软和库存调整影响 [34] 各个市场数据和关键指标变化 - 半导体市场需求略好于预期,公司获得首批eVoS和eVerest新一代等离子电源产品的重大设计wins [15][16] - 工业医疗市场设计活动非常活跃,公司在医疗成像、电外科和仓储自动化等领域获得重大设计wins [19][20] - 数据中心计算市场需求强劲反弹,受益于AI投资增加和公司在企业AI服务器的份额提升 [22] - 电信网络市场持续疲软,基础设施投资减少和库存高企抑制了收入 [23] 公司战略和发展方向及行业竞争 - 公司正全速推进新产品和技术的开发,设计wins管线创历史新高,有望在市场回暖时获得显著份额提升 [12][26] - 正在执行制造业整合计划,利用产能空闲加快产品转移和认证,预计下半年将带来毛利率改善 [13][44] - 保持灵活性以应对需求上行,维持关键零部件库存和适当的产能水平 [14] - 看好半导体、工业医疗和数据中心计算市场的中长期发展前景,有望通过新产品和潜在收购实现高于行业的增长 [26][27] 管理层对经营环境和未来前景的评论 - 第一季度收入低于预期,主要是由于OEM和分销商的库存修正超出预期 [9][10] - 预计第二季度收入将环比反弹,主要受数据中心计算市场强劲需求拉动 [11][24] - 下半年展望基本不变,预计半导体、工业医疗市场将逐步改善,推动收入季度环比增长 [25] - 对2025年的半导体市场前景持乐观态度,预计将实现显著增长 [69][70] 问答环节重要的提问和回答 问题1 **Joe Quatrochi 提问** 询问公司对非半导体市场库存修正的可见度和信心 [48] **Steve Kelley 回答** 电信网络和工业医疗是主要疲软领域,工业医疗库存修正预计将在第三或第四季度结束 [49][50] 问题2 **Steve Barger 提问** 询问公司对数据中心计算市场需求反弹的原因 [52] **Paul Oldham 回答** 客户先前需要集中建设数据中心基础设施和模块,现在开始大规模投资AI服务器,公司凭借可靠性、效率和功率密度优势获益 [53][54] 问题3 **Krish Sankar 提问** 询问公司对半导体市场前景的看法,是否有新的增长动力 [68] **Steve Kelley 回答** 预计2025年半导体市场将实现显著增长,得益于公司在先进存储和逻辑制程的设计wins,以及eVoS和eVerest新产品的强劲需求 [69][70]

Advanced Energy Industries (AEIS) reported $327.48 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 23%. EPS of $0.58 for the same period compares to $1.24 a year ago. The reported revenue represents a surprise of -8.35% over the Zacks Consensus Estimate of $357.3 million. With the consensus EPS estimate being $0.71, the EPS surprise was -18.31%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectati ...

Advanced Energy Industries (AEIS) came out with quarterly earnings of $0.58 per share, missing the Zacks Consensus Estimate of $0.71 per share. This compares to earnings of $1.24 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -18.31%. A quarter ago, it was expected that this maker of power-conversion products would post earnings of $1.15 per share when it actually produced earnings of $1.24, delivering a surprise of 7.83%. O ...

Q1 2024 Earnings Presentation MAY 1, 2024 1 SAFE HARBOR The company’s guidance and other statements herein or made on the earnings conference call contain, in addition to historical information, forward-looking statements within the ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 000-26966 ADVANCED ENERGY INDUSTRIES, INC. (Exact name of registrant as specified in its charter) Delaware 84-0846841 (State ...

Exhibit 99.1 Financial News Release Advanced Energy Reports First Quarter 2024 Results ● Revenue was $327.5 million, below guidance ● GAAP EPS from continuing operations was $0.15, within the guidance range ● Non-GAAP EPS was $0.58, within the guidance range DENVER, Colo., May 1, 2024 - Advanced Energy Industries, Inc. (Nasdaq: AEIS), a global leader in highly engineered, precision power conversion, measurement, and control solutions, today announced financial results for the first quarter ended March 31, 2 ...

The global semiconductor industry is undergoing a remarkable transformation in 2024, fueled by advancements in AI chipsets, data center GPUs, chiplets and next-generation memories. This evolution is unlocking unprecedented possibilities across various sectors, from automotive and high-performance computing (HPC) to consumer electronics and healthcare. Sales data from the Semiconductor Industry Association reflects this trend, with semiconductor sales showing strong year-over-year growth of 16.3% and 15.2%, ...

Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today: Advanced Energy Industries, Inc. (AEIS) is a power electronics company. The Zacks Consensus Estimate for its current year earnings has been revised 8.2% downward over the last 60 days. American Resources Corporation (AREC) is a metallurgical coal mining company. The Zacks Consensus Estimate for its current year earnings has been revised 50% downward over the last 60 days. Anhui Conch Cement Company Limited (AHCHY) is a cement product ...