Advanced Energy Industries Inc - AEIS STOCK NEWS

Advanced Energy (Nasdaq: AEIS) is scheduled to release its first quarter 2023 financial results on May 3, 2023, after market close. A quarterly conference call will follow at 4:30 p.m. Eastern Time on the same day. Interested participants can join the live call by dialing 877-407-0890 or +1-201-389-0918 for international callers. The call will also be accessible via webcast on the company's Investors page. Advanced Energy specializes in precision power conversion and control solutions across various industries, including semiconductor equipment and medical technologies. The company focuses on innovative engineering to support customer growth and technological advances.

Advanced Energy (Nasdaq: AEIS) will participate in three upcoming investor conferences. The Citi Global Industrial Tech and Mobility Conference will be held in Miami Beach on February 21, 2023. The Susquehanna 12th Annual Technology Conference takes place in New York City on March 2, 2023, followed by the Loop Capital Investor Conference in New York City on March 14, 2023. Interested parties should contact the respective firms for participation details. Advanced Energy specializes in precision power conversion and control solutions across diverse industries, including semiconductor equipment and data center computing.

Advanced Energy Industries, Inc. (Nasdaq: AEIS) reported strong financial results for Q4 2022, with revenue of $491 million, exceeding guidance. Q4 GAAP EPS was $1.20, and Non-GAAP EPS was $1.70. For the year, revenue hit a record $1.85 billion, a 27% increase from 2021. GAAP EPS for 2022 was $5.35, while Non-GAAP EPS reached $6.49. Cash flow from continuing operations was $184 million. The company anticipates lower Q1 2023 revenue estimates of $415 million due to a semiconductor market downturn, despite a promising pipeline of new products.

Advanced Energy Industries, Inc. (NASDAQ: AEIS) has declared a quarterly cash dividend of $0.10 per share. This dividend is set to be paid on March 3, 2023, to shareholders on record as of February 20, 2023. The company emphasizes that future dividend announcements will require board approval. Advanced Energy is recognized as a global leader in precision power conversion solutions, supporting various industries including semiconductor equipment and medical sciences.

Advanced Energy Industries (Nasdaq: AEIS) has launched the UltraVolt AEQ series, a range of ultra-miniature isolated DC-DC converters designed for high-voltage applications in medical, industrial, and semiconductor sectors. These converters offer up to 600 VDC output power from a +5 VDC input with a stability of 5% at full load. The series features programmable control, high input-to-output isolation of ±1500 VDC, and complies with safety standards for medical devices. The compact size (0.5 in.³) and durability against shock and vibration enhance its appeal for portable applications.

Advanced Energy (Nasdaq: AEIS) will announce its fourth quarter 2022 financial results on February 8, 2023, following the market's close. The earnings conference call will commence at 4:30 p.m. Eastern Time on the same day. Participants can join via phone, with international callers using a dedicated line. A live webcast will be accessible on the company's Investors page. Advanced Energy specializes in precision power conversion, measurement, and control solutions, catering to various high-tech industries including semiconductors and data centers.

Advanced Energy Industries has launched two new AC-DC power supply families: NGB800 (800 W) and NGB1200 (1200 W). These units are designed for medical and industrial applications, boasting industry-leading power densities and efficiencies exceeding 90%. They comply with IEC 60601-1-2 standards and have a mean time between failures (MTBF) of over 500,000 hours, ensuring long operational life. The new products enhance equipment performance while minimizing size and integration time, supporting OEMs in meeting demanding operational requirements.

Advanced Energy Industries, a leader in power conversion solutions, will present at the 25th Annual Needham Growth Conference in New York City on January 10, 2023, at 12:45 a.m. EST. CEO Steve Kelley and CFO Paul Oldham will represent the company. Investors can access a video webcast of the presentation on the company's investors page. Advanced Energy specializes in precision power solutions for various industries, including semiconductor equipment and telecommunications, and has operated for over 40 years, based in Denver, Colorado.

Advanced Energy (Nasdaq: AEIS) launched its 2023 STEM Diversity Scholarship Program to foster diversity in STEM fields. The program awards $20,000 grants, internships, and professional mentoring to students from seven partner universities. This initiative, now in its third year, aims to cultivate underrepresented talent. Applications are currently open with a deadline of January 31, 2023. According to CTO Randy Heckman, the program seeks to enhance the talent pipeline and encourage innovation in the technology sector.