Earnings ·
Reports Q3 revenue of $696 million and non-GAAP EPS of $3.65
AEISAdvanced Energy Industries Inc
Advanced Energy Industries reported third-quarter 2026 results with revenue reaching $696 million, a 50% increase year-over-year and above the high end of guidance. GAAP diluted earnings per share from continuing operations were $2.80, while non-GAAP EPS came in at $3.65, also exceeding expectations. Gross margin stood at 41.5% on a GAAP basis and 42.1% on a non-GAAP basis. The company generated $66 million in cash flow from continuing operations and paid a quarterly dividend of $0.10 per share. Management provided fourth-quarter revenue guidance of $735 million plus or minus $25 million. Advanced Energy Industries designs and manufactures precision power conversion, measurement, and control solutions for semiconductor, data center, industrial, medical, and telecommunications applications.