Advanced Energy Q3 revenue beats estimates on data center computing strength

Advanced Energy Industries

04/11/2025 21:28

Overview

Advanced Energy Industries Q3 2025 revenue of $463.3 mln beats analyst expectations

Adjusted EPS for Q3 2025 was $1.74, surpassing analyst estimates

Company's Q3 results driven by 113% yr/yr growth in data center computing revenue

Outlook

Company forecasts Q4 2025 revenue between $450 mln and $490 mln

Advanced Energy projects Q4 2025 GAAP EPS of $0.87 to $1.37

Company anticipates Q4 2025 non-GAAP EPS between $1.50 and $2.00

Result Drivers

AI DEMAND - Increased demand for AI data center solutions drove revenue above guidance, per CEO Steve Kelley

CASH FLOW GROWTH - Cash flow from continuing operations grew 123% yr/yr, reflecting operational efficiency

NEXT-GEN PRODUCTS - Strong customer interest in next-gen products supports long-term financial goals

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Beat
$463.30 mln
$441.60 mln (11 Analysts)
Q3 Adjusted EPS
Beat
$1.74
$1.47 (11 Analysts)
Q3 EPS
$1.21
Q3 Adjusted Net Income
Beat
$66.40 mln
$55.40 mln (9 Analysts)
Q3 Net Income
$46.20 mln
Q3 Gross Margin
37.60%
Q3 Gross Profit
$174.40 mln
Q3 Operating Income
$49.20 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 $181.50, about 13.3% below its November 3 closing price of $205.61

The stock recently traded at 32 times the next 12-month earnings vs. a P/E of 24 three months ago

Press Release: ID:nBw6TKXT0a

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(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.)