NasdaqGS:AEISElectronic
Earnings Beat, Upgraded Guidance And Analyst Revisions Might Change The Case For Investing In AEIS
Earlier this quarter, Advanced Energy Industries reported Q3 results with revenue rising 23.8% year on year and both revenue and EBITDA surpassing analyst estimates, alongside issuing next-quarter EPS guidance that also came in ahead of forecasts.
Analysts have since raised their earnings estimates without any cuts, reinforcing a strong consensus that the company’s earnings trajectory may be improving.
Next, we’ll explore how Advanced Energy’s earnings beat and upgraded guidance might...