UPDATE: Advanced Energy Charges To New 52 Week Highs On Q4 Result, Q1 Outlook

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Advanced Energy Industries Inc. ( AEIS ) shares have hit a new 52 week high of $16.45 after the company late yesterday reported Q4 earnings of $0.16 per share, excluding special items, an improvement over a loss of $0.06 reported the year prior, and in line with Street estimates.

Revenues of $113.0 million were better than consensus estimates of $111.4 million, and an improvement compared to $112.5 million reported in Q4 2011.

AEIS sees Q1 2013 earnings between $0.14 and $0.18 on sales of $105 million to $115 million. Analysts are expecting earnings of $0.11 on sales of $100.6 million.



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This article appears in: Investing , Commodities

Referenced Stocks: AEIS

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