Advanced Energy Q2 revenue beats estimates, driven by AI demand

Advanced Energy Industries

05/08/2025 21:20

Overview

Advanced Energy Q2 revenue was $441.5 mln, beating analyst expectations, per LSEG data

Non-GAAP EPS of $1.50 exceeded estimates

Company repurchased $22.8 mln of common stock in the quarter

Outlook

Company expects Q3 2025 revenue $440 mln +/- $20 mln

Advanced Energy projects Q3 2025 GAAP EPS $0.82 +/- $0.25

Company anticipates Q3 2025 non-GAAP EPS $1.45 +/- $0.25

Result Drivers

AI DATA CENTER DEMAND - Strong customer demand for AI data center solutions drove revenue growth, per CEO Steve Kelley

MARKET RECOVERY - Early signs of recovery in industrial and medical markets contributed to positive results

SEMICONDUCTOR PROGRESS - Qualification of next-generation semiconductor products continues at a brisk pace

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Beat
$441.50 mln
$421.30 mln (11 Analysts)
Q2 Adjusted EPS
Beat
$1.5
$1.31 (11 Analysts)
Q2 EPS
$0.67
Q2 Adjusted Net Income
Beat
$56.60 mln
$47.60 mln (10 Analysts)
Q2 Net Income
$25.20 mln
Q2 Gross Margin
37.0%
Q2 Gross Profit
$163.40 mln
Q2 Operating Income
$31.60 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the electrical components & equipment peer group is "buy"

Wall Street's median 12-month price target for Advanced Energy Industries Inc is $133.50, about 5.3% below its August 4 closing price of $140.56

The stock recently traded at 24 times the next 12-month earnings vs. a P/E of 19 three months ago

Press Release: ID:nBw9k4lHra

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)