Showing 1-10 of about 37 articles.
Advanced Energy Industries, Inc.
Advanced Energy Announces First Quarter Results
FORT COLLINS, Colo., April 29, 2013 (GLOBE NEWSWIRE) -- Advanced Energy Industries, Inc. (Nasdaq:AEIS) today announced financial results for the first quarter ended March 31, 2013. The company reported first quarter sales of $111.8 million compared to $113.0 million in the fourth quarter of 2012 and $105.8 million in the first quarter of 2012. Income from continuing operations was $6.8 million or $0.17 per diluted share. On a non-GAAP basis, income from continuing operations was $11.7 million or $0.29 per diluted share. The non-GAAP measures exclude, on an after tax basis, $2.0 million of intangible amortization, $1.8 million of stock-based compensation and $1.0 million of acquisition related costs. A reconciliation of non-GAAP income from continuing operations and earnings per share is provided in the tables below. The company ended the quarter with $182.3 million in cash and marketable securities, having grown cash by $10 million during the quarter.
Advanced Energy Industries, Inc.
Advanced Energy to Announce First Quarter 2013 Results on April 30th Before Market Open
FORT COLLINS, Colo., April 16, 2013 (GLOBE NEWSWIRE) -- Advanced Energy Industries, Inc. (Nasdaq:AEIS) will release first quarter 2013 financial results after market close on Monday, April 29, 2013. Management's quarterly conference call will be held on Tuesday, April 30, 2013, beginning at 6:30 a.m. Mountain Time / 8:30 a.m. Eastern Time.
Advanced Energy Industries, Inc.
Advanced Energy Increases Growth Opportunities With Acquisition of Three-Phase String Inverter Product Line
FORT COLLINS, Colo., April 9, 2013 (GLOBE NEWSWIRE) -- Advanced Energy Industries, Inc. (Nasdaq:AEIS) today announced it has acquired REFUsol Holding GmbH, a leading provider of three-phase string solar PV inverters for commercial applications. Three-phase string inverters are ideally suited for rooftop and potentially larger installations and are becoming one of the fastest-growing inverter applications worldwide. This acquisition is expected to accelerate Advanced Energy's Solar Energy revenue to greater than $400 million in 2014 and should be accretive to earnings in the next 12 months.
Advanced Energy Industries, Inc.
Advanced Energy Announces Fourth Quarter Results
FORT COLLINS, Colo., Feb. 4, 2013 (GLOBE NEWSWIRE) -- Advanced Energy Industries, Inc. (Nasdaq:AEIS) today announced financial results for the fourth quarter ended December 31, 2012. The company posted fourth quarter sales of $113.0 million compared to $117.5 million in the third quarter of 2012 and $112.5 million in the fourth quarter of 2011. Income from continuing operations was $4.9 million or $0.13 per diluted share. On a non-GAAP basis, income from continuing operations was $6.2 million or $0.16 per diluted share. The non-GAAP measures exclude a $2.0 million restructuring charge taken in the fourth quarter. A reconciliation of non-GAAP income from continuing operations and earnings per share is provided in the tables below. The company ended the quarter with $172.2 million in cash and marketable securities, having generated $110.8 million of cash during 2012.
Advanced Energy Industries, Inc.
Advanced Energy Partners With Scientech Corporation and Collaborated Service Solution, Inc., for Sales and Service Operations in Taiwan
FORT COLLINS, Colo., Jan. 3, 2013 (GLOBE NEWSWIRE) -- Advanced Energy Industries, Inc. (Nasdaq:AEIS) today announced sales and service distribution partnerships with Scientech Corporation (Scientech) and with Collaborated Service Solution, Inc. (CSS), both in Taiwan, to provide product and service sales and support for Advanced Energy (AE) products in the Taiwan market. Scientech will represent all thin film and solar energy products in Taiwan, providing flexible, locally managed sales and marketing expertise. While AE's Solar Energy business unit (AESE) will maintain responsibility for solar inverter support, all other product repair and service operations in Taiwan will be managed through the partnership with CSS. Both new partners are recognized for their excellence in sales and service management, as well as a broad and deep network well-suited to AE's customer base that will expand AE's geographic coverage and is expected to improve overall customer satisfaction. These new partnerships are part of AE's long-term strategy to align sales, marketing and support capabilities with its evolving global customer footprint through enhanced local capabilities and response, while leveraging a world-class global operations infrastructure.
Advanced Energy Industries, Inc.
Advanced Energy Acquires Solvix SA
FORT COLLINS, Colo., Nov. 15, 2012 (GLOBE NEWSWIRE) -- Advanced Energy Industries, Inc. (Nasdaq:AEIS) today announced that it has acquired Solvix SA, a privately held company based in Villaz-Saint-Pierre, Switzerland. A manufacturer of power supplies for the surface treatment and thin films industry, Solvix brings a plasma-based sputtering and cathodic arc deposition applications to AE's existing product portfolio. With its best-in-class arc detection and suppression technology, Solvix's product line will enhance AE's offerings in low power and pulsed DC products, allowing it to expand into new applications and serve a broader worldwide customer base. With the addition of Solvix's engineering site in Villaz-Saint-Pierre, AE will also establish a European engineering and development center for its thin-film industrial products business, in keeping with its strategy to move closer to its customers.
Advanced Energy Industries, Inc.
Advanced Energy to Webcast Analyst Day Presentation on November 15, 2012
FORT COLLINS, Colo., Nov. 8, 2012 (GLOBE NEWSWIRE) -- Advanced Energy Industries, Inc. (Nasdaq:AEIS) will host a presentation to analysts in New York, NY, on Thursday, November 15, 2012, from 9:30 a.m. EST to 12:00 p.m. EST.
Advanced Energy Industries, Inc.
Advanced Energy Partners With Ebara Field Tech for Sales and Service in Japan
FORT COLLINS, Colo., Oct. 30, 2012 (GLOBE NEWSWIRE) -- Advanced Energy Industries, Inc. (Nasdaq:AEIS) today announced a distribution partnership with Ebara Field Tech (EFT), a subsidiary of Ebara Corporation, to provide product and service sales and support for Advanced Energy (AE) thin films products in Japan. EFT is recognized for its excellence in sales and service management, as well as a broad and deep network well-matched to AE's customer base which will expand AE's geographic coverage. This new partnership is part of AE's long-term strategy to align global support capabilities with its evolving customer global footprint by enhancing localized capabilities and response, while leveraging a world-class global operations infrastructure.
Showing 1-10 of about 37 articles.