Advanced Energy Industries Inc (AEIS) revealed a profit for its fourth quarter that increased from the same period last year
The company's bottom line totaled $48.9 million, or $1.29 per share. This compares with $37.5 million, or $1.01 per share, last year.
Excluding items, Advanced Energy Industries Inc reported adjusted earnings of $49.4 million or $1.30 per share for the period.
The company's revenue for the period rose 2.5% to $415.4 million from $405.3 million last year.
Advanced Energy Industries Inc earnings at a glance (GAAP) :
-Earnings: $48.9 Mln. vs. $37.5 Mln. last year.
-EPS: $1.29 vs. $1.01 last year.
-Revenue: $415.4 Mln vs. $405.3 Mln last year.
-Guidance:
Next quarter EPS guidance: $0.78 to $1.28
Next quarter revenue guidance: $372 to $412 mln
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