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:

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.