Advanced Energy Industries (AEIS) Q2 EPS at $0.85 exceeds estimates; stock drops $8.73 post-report.
Advanced Energy Industries (AEIS) reported Q2 earnings of $0.85 EPS, exceeding analysts' estimates, and has an overall consensus rating of "Hold" with a $110.14 average target price. The company's stock experienced a downward movement following the earnings report, with a price drop of $8.73 on Thursday. AEIS provides precision power conversion, measurement, and control solutions for various industries, including semiconductor and thin film plasma processes.
August 01, 2024
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