AEIS Q3 Earnings Beat Estimates, Shares Down on Weak Q4 View
Advanced Energy(AEIS) ZACKS·2024-10-31 21:50
Advanced Energy Industries (AEIS) reported non-GAAP earnings of 98 cents per share in the third quarter of 2024, beating the Zacks Consensus Estimate by 6.52%. The bottom line declined 23.4% on a year-over-year basis.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Revenues of $374.22 million missed the Zacks Consensus Estimate by 0.09% and declined 8.7% year over year, primarily due to the weakness across Industrial, Medical and Telecom sectors.However, revenue was up 3% sequentially ...