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Overview of Advanced Energy Industries Inc.
Advanced Energy Industries Inc is a renowned provider of precision power conversion, power control systems, and measurement solutions. With over three decades of expertise, the company harnesses advanced power and control technologies that underpin breakthroughs in semiconductor, flat panel display, solar, and industrial manufacturing environments. Its innovative approach to transforming raw electrical power into customizable and reliable outputs has made it a trusted partner for original equipment manufacturers and industrial end users worldwide.
Core Business and Technological Expertise
The firm specializes in designing and delivering state-of-the-art power conversion and control solutions that address the critical need for precision in modern manufacturing processes. Its primary offerings include thin-film power-conversion systems and integrated power control modules. These systems modify, measure, and control electrical power, ensuring consistent, predictable performance in manufacturing cycles. The technical expertise of the AE team, combined with agile support across key regions in North America, Europe, and Asia, positions the company as a vital enabler in technologically advanced production environments.
Products and Applications
Advanced Energy's product suite is deliberately engineered to accommodate the rigorous demands of industrial and high-tech applications. The company focuses on the following key product categories:
- Thin-Film Power-Conversion Systems: Designed to convert raw electrical power into a regulated supply suitable for precise manufacturing tasks.
- Power Control Modules: Critical for controlling and measuring parameters, such as temperature, during complex production cycles.
- Measurement and Monitoring Solutions: These solutions enable real-time performance tracking and adjustment, ensuring high fidelity in operations and process consistency.
Industry Position and Market Significance
Operating within the semiconductor, display, solar, and broader industrial capital equipment markets, Advanced Energy stands as a functional and technical contributor within the highly specialized niche of power conversion. Its commitment to technological excellence and close partnerships with industry leaders have fostered an environment of perpetual innovation. The company’s global reach supports a diversified portfolio that not only strengthens its market position but also ensures a steady flow of expertise and technical support to its clientele.
Operational Excellence and Global Footprint
The company’s operational model is built on a foundation of technical expertise and close customer collaboration. With a dedicated team deployed across major economic regions, Advanced Energy provides timely, responsive, and customized power solutions. Its strategic focus on innovation in thin-film and industrial manufacturing applications has helped maintain a sustainable foothold in a competitive landscape, emphasizing quality, precision, and consistent performance in every facet of its operations.
Key Differentiators
Several core aspects distinguish Advanced Energy within its industry:
- Technical Expertise: Decades of experience in precision power systems have culminated in deep technical know-how, ensuring solutions that meet the exact needs of demanding manufacturing processes.
- Innovative Solutions: By continuously refining its approaches to power conversion, the company provides cutting-edge technology that enhances production efficiency and reliability.
- Global Customer Support: The company’s geographically diverse technical teams ensure that clients worldwide receive high-quality, agile support that propels their operational excellence.
Commitment to Quality and Precision
Advanced Energy’s approach is firmly anchored in quality control and customized solution delivery. Its products and services are developed to adapt to the unique demands of contemporary manufacturing environments. This commitment not only solidifies trust among its customer base but also fosters long-standing relationships, pivotal for a business operating in dynamic, technology-driven sectors.
Conclusion
In summary, Advanced Energy Industries Inc offers comprehensive, precision power conversion and control solutions that are integral to multiple high-tech and industrial sectors. Its blend of innovative technology, deep technical expertise, and global operational breadth makes it an essential component in the manufacturing value chain, reinforcing its position as a trusted technical partner for major players in the semiconductor, flat panel, solar, and industrial equipment markets.
Advanced Energy Industries, Inc. (NASDAQ: AEIS) appointed Brian Shirley to its board of directors. With decades of experience in semiconductor technologies, including leadership roles at Micron Technology, Shirley is expected to enhance the board’s expertise. He has 82 U.S. patents and has advised the U.S. government on semiconductor issues post-retirement. The appointment is seen as a strategic move to leverage his insights into innovation and growth in precision power solutions.
Advanced Energy Industries, Inc. (Nasdaq: AEIS) announced its participation in multiple upcoming investor conferences. Notable events include:
- J.P. Morgan 50th Annual Global Technology, Media and Communication Conference on May 25, 2022, at 1:10 pm ET.
- Cowen 50th Annual Technology, Media & Telecom Conference on June 1, 2022.
- KeyBanc Industrials & Basic Materials Conference on June 2, 2022, at 12:05 pm ET.
- R.W. Baird 2022 Global Consumer, Technology & Service Conference on June 8, 2022, at 2:00 pm ET.
A live webcast of the J.P. Morgan presentation will be available on its investor web page.
Advanced Energy Industries (NASDAQ: AEIS) has launched a new high-density AC-DC power shelf compliant with the Open Compute Project (OCP) Open Rack version 3 (ORv3) standard. This innovative product boasts efficiencies exceeding 97% and supports the transition to a 48 V rack power architecture, enhancing data center reliability and minimizing power consumption. Key features include 15 kW N+1 redundancy, compatibility with various power configurations, and advanced monitoring capabilities via Ethernet and Modbus/PMBus.
Advanced Energy will host a conference call on May 4, 2022, at 4:30 p.m. Eastern Time to discuss its first quarter financial results. Participants can join by dialing 888-428-7458 in the U.S. or 862-298-0702 internationally. An archived webcast will be accessible approximately two hours post-event on the company's investor relations webpage.
Advanced Energy Industries, Inc. (Nasdaq: AEIS) reported first-quarter 2022 revenue of $397.5 million, exceeding guidance and showing an increase from $351.6 million year-over-year. GAAP EPS was $0.98, while non-GAAP EPS was $1.24, both above guidance. The company generated $9.9 million in cash flow and repurchased $6.6 million in common stock. Additionally, Advanced Energy completed the acquisition of SL Power Electronics for $144.5 million, enhancing its position in medical and industrial sectors. Q2 2022 guidance includes revenue between $395 million and $425 million.
Advanced Energy Industries, Inc. (Nasdaq: AEIS) has declared a quarterly cash dividend of $0.10 per share, set to be paid on June 3, 2022, to shareholders recorded as of May 23, 2022.
This dividend declaration reflects the company's ongoing commitment to returning value to shareholders, though future dividends are subject to board review. Advanced Energy specializes in precision power conversion and control solutions, serving various industries, including semiconductor equipment and telecommunications.
Advanced Energy Industries, Inc. (Nasdaq: AEIS) has unveiled the ALTA platform, a new RF power delivery solution for thin-film industrial applications. This platform combines digitally-controlled power supplies with a digital impedance matching network, offering precise and repeatable control, enhancing process stability, and maximizing yield. Features include frequency tuning and real-time power measurement, making it suitable for sectors like solar panel and automotive glass manufacturing. The ALTA power supply ranges from 1.5 kW to 6 kW, ensuring robust delivery and seamless integration with advanced communication interfaces.
Steel Partners Holdings L.P. (NYSE: SPLP) has successfully completed the sale of its subsidiary, SL Power Electronics Corporation, to Advanced Energy Industries, Inc. (NASDAQ: AEIS). The transaction value is approximately $144.5 million, subject to customary purchase price adjustments. SL Power Electronics specializes in power conversion solutions for sectors including medical, lighting, and industrial.
White & Case LLP acted as legal counsel for this transaction, signaling a strategic realignment for Steel Partners as it focuses on its core business interests.
Advanced Energy Industries, Inc. (AEIS) has completed its acquisition of SL Power Electronics Corporation from Steel Partners Holdings L.P. (SPLP). This acquisition expands AE's addressable market by over
Advanced Energy (Nasdaq: AEIS) will announce its first quarter 2022 financial results after market close on May 4, 2022. A conference call with management is scheduled for the same day at 4:30 p.m. Eastern Time. Participants can join by dialing (877) 428-7458 or +1 (862) 298-0702 for international calls. The event will also be available as a live and archived webcast on the company’s Investors page. Advanced Energy is a leader in precision power conversion solutions for various industries, headquartered in Denver, Colorado.
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