Key Developments For Advanced Energy Industries, Inc.
Advanced Energy Industries, Inc. (AEIS.O) (Nasdaq)
Advanced Energy Industries, Inc. And SGEG Announce Agreement To Market Solaron Inverters In China
Advanced Energy Industries, Inc. announced that it has entered into a strategic alliance with Shanghai Guangdian Electric Group (SGEG). Through this agreement, SGEG will market AE's expanding line of Solaron grid-tie photovoltaic (PV) inverters in China.
Advanced Energy Industries, Inc. Issues Q4 2009 Guidance; EPS Guidance Above Analysts' Estimates
Advanced Energy Industries, Inc. announced that for the fourth quarter of 2009, it expects sales to be in the range of $56-$62 million and loss per share of $0.07-$0.14. According to Reuters Estimates, analysts were expecting the Company to report EPS of $(0.15) on revenue of $57 million for the same period.
Advanced Energy Industries, Inc. And Suntech Announce Multi Year Agreement For Solaron Inverter Solutions
Advanced Energy Industries, Inc. announced that it has entered into a multi-year agreement with Suntech Power Holdings Co., Ltd., the producer of crystalline-silicon solar modules. This agreement includes the range of Advanced Energy Industries, Inc.'s expanding Solaron offerings, including utility-scale, photovoltaic (PV) inverters, Remote PV Tie (RPT) accessories and SafeGuard support and service options. As a part of this agreement, Solaron inverters and services will contribute to the innovation, dependability and cost-effectiveness of Suntech's Reliathon platform, a simplified, integrated program for designing and building utility-scale PV plants.
Advanced Energy Industries, Inc. Issues Q3 2009 Guidance; Revenue Guidance Above Analysts' Estimates
Advanced Energy Industries, Inc. for third quarter of 2009, it expects sales to be in the range of $40-$45 million and loss per share to be in the range of $0.35-$0.29. According to Reuters Estimates, analysts were expecting the Company to report revenue of $39 million and earnings per share of $(0.29) for the same period.
Advanced Energy Industries, Inc. Issues Q2 2009 Outlook In Line With Analysts' Estimates
Advanced Energy Industries, Inc. announced that for the second quarter 2009. it expects sales of $30.0 million to $36.0 million and loss per share of $0.41 to $0.34. According to Reuters Estimates, analysts on an average were expecting the Company to report EPS of $(0.37) on revenue of $32.6 million for the same period.
