Exhibit 99.1 Financial News Release Advanced Energy Reports Third Quarter 2024 Results ● Revenue was $374.2 million, above the mid-point of guidance ● GAAP loss per share was $0.38, mainly due to closure of China production site ● Non-GAAP EPS was $0.98, above the mid-point of guidance ● Cash flow from continuing operations was $35.4 million DENVER, Colo., October 30, 2024 - Advanced Energy Industries, Inc. (Nasdaq: AEIS), a global leader in highly engineered, precision power conversion, measurement, and co ...