Advanced Energy Industries Inc logo

AEIS - Advanced Energy Industries Inc News Story

$59.81 1.9  3.3%

Last Trade - 7:15pm

Mid Cap
Market Cap £1.74bn
Enterprise Value £1.70bn
Revenue £918.7m
Position in Universe 1675th / 6393

BUZZ-Advanced Energy Industries Inc: Hits more than 2-year low

Tue 30th October, 2018 3:53pm
** Power and control technology solutions provider's shares 
 AEIS.O  down as much 8.1 pct at $40.50 - their lowest since
August 2016
    ** Co expects Q4 adj. EPS from cont.ops between 70 cents and
80 cents vs. Refinitiv estimates of 99 cents*:nGNX31qdyl
    ** "We expect our fourth quarter to be impacted by the
continued pause in semiconductor capital spending and by
seasonally lower activity in our Industrial markets" - President
and CEO Yuval Wasserman
    ** Susquehanna cuts PT to $45 from $70
    ** Stock has fallen ~37.6 pct this year 

 (Reporting by Aaron Saldanha in Bengaluru)
 ((; +91 80 6749 1130; Reuters
© Stockopedia 2020, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.