Recap: Advanced Energy Indus Q1 Earnings

Advanced Energy Indus AEIS reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Advanced Energy Indus beat estimated earnings by 9.73%, reporting an EPS of $1.24 versus an estimate of $1.13.

Revenue was up $27.58 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.1 which was followed by a 4.27% drop in the share price the next day.

Here's a look at Advanced Energy Indus's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 1.6 1.39 1.11 0.95
EPS Actual 1.7 2.12 1.44 1.24
Revenue Estimate 476.88M 439.72M 401.58M 360.99M
Revenue Actual 490.74M 516.27M 440.95M 397.46M

To track all earnings releases for Advanced Energy Indus visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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