NASDAQ$AEIS
Advanced Energy Industries Inc · Q2 2023 earnings
Q2 2023 earnings · · Investor relations
Briefing
Second quarter results were announced
Advanced Energy reported second quarter 2023 results with revenue of $415.5 million and GAAP EPS of $0.73. Non-GAAP EPS was $1.11. The Industrial and Medical market achieved record revenue, growing 22% year-over-year.
- Revenue was $416 million, above the mid-point of guidance
- Industrial & Medical revenue was a quarterly record and grew 22% from last year
- GAAP EPS from continuing operations was $0.73
- Non-GAAP EPS was $1.11, above the mid-point of guidance
Headline financials
Revenue & EPS history
Advanced Energy · Revenue · Quarterly
$416M
Revenue by segment
Advanced Energy · $416M total across 4 segments · Q2 2023
- Semiconductor Equipment$173M-24.3%41.7%
- Industrial and Medical$128M+21.6%30.7%
- Data Center Computing$59.1M-14.6%14.2%
- Telecom and Networking$55.7M+46.3%13.4%
Forward guidance
The company provided guidance for Q3 2023 with revenue expected to be $415 million +/- $15 million, GAAP EPS from continuing operations of $0.70 +/- $0.20, and Non-GAAP EPS of $1.13 +/- $0.20.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2023
+0.0%
Avg return
Earnings day
+0.7%
Avg return
5 days after
+2.2%
Avg return
30 days after
50%
32 / 64 earnings
Positive
+15.8%
Q3 2025
Best reaction
-12.7%
Q1 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +6.3% | -7.7% | -17.1% | |
| Q4 2025 | +10.7% | +12.6% | +8.2% | |
| Q3 2025 | +15.8% | +12.4% | +12.5% | |
| Q1 2025 | +11.2% | +10.1% | +17.8% | |
| Q4 2024 | +11.1% | +14.0% | -4.5% | |
| Q3 2024 | -1.7% | +0.8% | +2.9% | |
| Q2 2024 | +5.7% | -7.7% | -2.8% | |
| Q1 2024 | -0.6% | -3.9% | -6.0% | |
| Q4 2023 | -2.5% | -7.4% | -1.5% | |
| Q3 2023 | -2.3% | +6.0% | +9.8% | |
| Q2 2023 | -8.3% | -6.6% | -4.1% | |
| Q1 2023 | -3.9% | -1.3% | +13.5% | |
| Q4 2022 | -4.7% | -2.1% | -5.2% | |
| Q3 2022 | +2.0% | +5.5% | +18.4% | |
| Q2 2022 | +4.5% | +4.9% | -3.9% | |
| Q1 2022 | +1.2% | -4.3% | +2.6% | |
| Q4 2021 | +9.1% | +7.3% | -10.6% | |
| Q3 2021 | -2.6% | -4.0% | -2.1% | |
| Q2 2021 | -10.5% | -9.6% | -13.4% | |
| Q1 2021 | -12.4% | -17.2% | -0.4% | |
| Q4 2020 | -2.5% | +7.2% | +6.9% | |
| Q3 2020 | +9.7% | +10.9% | +32.6% | |
| Q2 2020 | +2.5% | +6.6% | -7.7% | |
| Q1 2020 | +9.4% | +15.0% | +33.2% | |
| Q4 2019 | +0.2% | +3.3% | -25.8% | |
| Q3 2019 | +1.3% | +4.0% | +9.9% | |
| Q2 2019 | -9.7% | -10.6% | -1.3% | |
| Q1 2019 | -12.7% | -13.6% | -11.4% | |
| Q4 2018 | -0.7% | -1.4% | -6.6% | |
| Q3 2018 | -6.3% | +6.0% | +6.1% | |
| Q2 2018 | +2.1% | +0.8% | -1.7% | |
| Q1 2018 | -1.2% | +2.6% | +9.2% | |
| Q4 2017 | -0.3% | +2.4% | +7.5% | |
| Q3 2017 | -12.5% | -11.1% | -19.9% | |
| Q2 2017 | +0.3% | -4.0% | +1.2% | |
| Q1 2017 | +0.3% | +1.0% | +4.2% | |
| Q4 2016 | +2.3% | +2.5% | +7.8% | |
| Q3 2016 | +1.4% | -0.5% | +16.6% | |
| Q2 2016 | +2.6% | +4.1% | +11.9% | |
| Q1 2016 | -1.8% | — | — | |
| Q4 2015 | +1.4% | — | — | |
| Q3 2015 | -0.4% | — | — | |
| Q2 2015 | -2.0% | — | — | |
| Q1 2015 | +1.6% | — | — | |
| Q4 2014 | +0.4% | — | — | |
| Q3 2014 | -2.6% | — | — | |
| Q2 2014 | +0.9% | — | — | |
| Q1 2014 | +8.1% | — | — | |
| Q4 2013 | +2.1% | — | — | |
| Q3 2013 | +2.5% | — | — | |
| Q2 2013 | -2.8% | — | — | |
| Q1 2013 | -1.1% | — | — | |
| Q4 2012 | +3.3% | — | — | |
| Q3 2012 | -0.5% | — | — | |
| Q2 2012 | -0.3% | — | — | |
| Q1 2012 | +2.2% | — | — | |
| Q4 2011 | -3.4% | — | — | |
| Q3 2011 | -2.1% | — | — | |
| Q2 2011 | -3.4% | — | — | |
| Q1 2011 | +1.3% | — | — | |
| Q4 2010 | +5.6% | — | — | |
| Q3 2010 | -4.6% | — | — | |
| Q2 2010 | -5.3% | — | — | |
| Q1 2010 | -12.3% | — | — |
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