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 DetailSemiconductor Equipment: Revenues (54.9% of total revenues) generated from the market fell 7.4% year over year to $17 ...

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 expectation ...

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%.Ove ...

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%, r ...

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 production ...

Learn why power semiconductors are crucial in today's fastest-growing tech sectors -- and take advantage of this oft-overlooked niche with three incredible power chip stocks.Power controllers may not sound as thrilling as artificial intelligence (AI) services or number-crunching microchips, but the tech world would stop without them. As such, investors should pay close attention to power semiconductor specialists.You're about to enjoy three great power management investments in April 2024, presented by thre ...