Advanced Energy (AEIS) Reports Q2 Earnings: What Key Metrics Have to Say
AEISAdvanced Energy(AEIS) ZACKS·2024-07-31 08:06

For the quarter ended June 2024, Advanced Energy Industries (AEIS) reported revenue of 364.95million,down12.2364.95 million, down 12.2% over the same period last year. EPS came in at 0.85, compared to 1.11intheyear−agoquarter.Thereportedrevenuerepresentsasurpriseof+5.741.11 in the year-ago quarter.The reported revenue represents a surprise of +5.74% over the Zacks Consensus Estimate of 345.14 million. With the consensus EPS estimate being $0.69, the EPS surprise was +23.19%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare ...