Advanced Energy Industries reported Q3 earnings of $0.98 per share, exceeding estimates, and announced a dividend.

Advanced Energy Industries (AEIS) reported earnings of $0.98 per share, surpassing estimates of $0.91, with revenue of $374.20 million, exceeding expectations but down 8.7% year-over-year. The stock rose to $109.57, and the company announced a quarterly dividend of $0.10, payable December 6. Analysts maintain a consensus rating of "Hold" with a price target of $112.75. AEIS specializes in precision power solutions for semiconductor processes.

November 02, 2024
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