Advanced Energy Industries Inc (AEIS.O) Key Developments | Reuters.com
Edition:
United States

Advanced Energy Industries Inc (AEIS.O)

AEIS.O on Nasdaq

37.61USD
11:55am EDT
Change (% chg)

$-0.35 (-0.92%)
Prev Close
$37.96
Open
$37.79
Day's High
$37.95
Day's Low
$37.51
Volume
36,609
Avg. Vol
328,507
52-wk High
$39.03
52-wk Low
$21.12

Latest Key Developments (Source: Significant Developments)

Advanced Energy Industries Inc gives Q2 2016 outlook
Monday, 2 May 2016 04:05pm EDT 

Advanced Energy Industries Inc:Sees Q2 2016 Revenues $105 Mln - $115 Mln.Sees Q2 2016 Non-GAAP EPS from continuing operations $0.60 - $0.70.Sees Q2 2016 Non-GAAP operating margins from continuing operations 25% - 28%.  Full Article

Advanced Energy Industries, Inc announces appointment of new chairman
Monday, 8 Feb 2016 04:05pm EST 

Advanced Energy Industries, Inc:Announces appointment of new chairman.Terry hudgens has decided to retire.Board has appointed grant beard as the new chairman of the board.Terry Hudgens to not stand for re-election to the board at the 2016 annual meeting of shareholders.  Full Article

Advanced Energy Industries Inc gives Q1 2016 outlook
Monday, 1 Feb 2016 04:05pm EST 

Advanced Energy Industries Inc:Sees Q1 2016 Revenues $90 Mln - $100 Mln.Sees Q1 2016 Non-GAAP EPS from continuing operations $0.40 - $0.50.Sees Q1 2016 Non-GAAP operating margin 23% - 25%.  Full Article

Advanced Energy to initiate accelerated share repurchase program
Friday, 6 Nov 2015 04:05pm EST 

Advanced Energy Industries Inc :To initiate accelerated share repurchase program.Says to purchase approximately $50 million of shares of its common stock.Agreement will facilitate repurchases under the previously announced $150 million stock repurchase program.Company anticipates completion of the asr program in the first half of 2016.  Full Article

Advanced Energy Industries Inc gives Q4 2015 outlook below analysts' estimates
Monday, 2 Nov 2015 04:05pm EST 

Advanced Energy Industries Inc:Q4 2015 revenues of $88 mln to $102 mln.Q4 2015 Non-GAAP earnings per share of $0.20 to $0.30.Q4 2015 revenue of $114 mln and EPS of $0.48 - Thomson Reuters I/B/E/S.  Full Article

Advanced Energy Industries, Inc announces share repurchase program
Wednesday, 16 Sep 2015 04:05pm EDT 

Advanced Energy Industries, Inc:Unveils capital deployment strategy and announces $150 million share repurchase program.Aspires to deploy about 70% of future free cash flow to organic investments and acquisitions and 30% to share repurchases.Board authorized it to repurchase up to $150 million of its common stock over the next 30 months.  Full Article

Advanced Energy Industries Inc gives Q3 2015 outlook; EPS outlook above analysts' estimates
Monday, 3 Aug 2015 04:54pm EDT 

Advanced Energy Industries Inc:Q3 2015 revenues of $126 mln to $137 mln.Q3 2015 GAAP earnings per share of $0.12 to $0.17.Q3 2015 Non-GAAP earnings per share of $0.45 to $0.50.Q3 2015 revenue of $134 mln and EPS of $0.44 - Thomson Reuters I/B/E/S.  Full Article

Advanced Energy Industries Inc to wind down Solar Inverter Business
Monday, 29 Jun 2015 04:30pm EDT 

Advanced Energy Industries Inc:Has made a strategic decision to focus solely on its Precision Power business and wind down its Solar Inverter business, which is operated under AE Solar Energy Inc., AEI Power GmbH and their subsidiaries.Expects to record a pre-tax charge of approximately $260 million to $290 million related to the wind down of the Solar Inverter business operations.Majority pre-tax charge will be recorded in the second quarter of 2015.Says company plans to fund the cash costs through internally generated funds.Says anticipates an orderly wind down of the solar inverter business.  Full Article

Advanced Energy Industries Inc gives Q2 2015 outlook below analysts' estimates
Monday, 4 May 2015 04:05pm EDT 

Advanced Energy Industries Inc:Q2 2015 Sales of $126 to $136 mln.Q2 2015 GAAP earnings per share of $0.32 to $0.36.Q2 2015 Non-GAAP earnings per share of $0.38 to $0.41.Q2 2015 revenue of $145 mln and EPS of $0.43 - Thomson Reuters I/B/E/S.  Full Article

Thomas Liguori to join Advanced Energy as Chief Financial Officer
Thursday, 16 Apr 2015 04:40pm EDT 

Advanced Energy Industries Inc:Announced that Thomas Liguori will join the company as Chief Financial Officer and Executive Vice President on May 18.  Full Article