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News & Press Releases
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Advanced Energy’s Introduces LumaDrive™ Systems for High Efficiency Large-Scale Industrial and Horticultural LED Lighting
August 15, 2024
Advanced Energy Industries, Inc. has announced the LumaDrive™ Pre-wired Systems series of high-efficiency remote centralized drivers for large-scale horticultural, greenhouse and industrial LED lighting applications. These platforms combine multiple 4 kW modules into a cost-effective pre-wired cabinet that simplifies installation, enables simple "hot swap" repairs, eliminates extra dimming control connections and reduces the overall cost of any large-scale lighting installation.
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Advanced Energy Announces No Intention to Make an Offer for XP Power Limited
June 18, 2024
DENVER--(BUSINESS WIRE)-- Advanced Energy Industries, Inc. (Nasdaq: AEIS), a global leader in highly engineered, precision power conversion, measurement and control solutions, confirms further to its announcement of May 21, 2024, that it does not intend to make an offer for the shares of XP Power Limited (LSE: XPP, “XP Power”). Advanced Energy has sought to engage with the XP Power board of ...
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Advanced Energy Unveils Recipients of 2024 STEM Scholarship Program
June 06, 2024
Students from CSU and UMN each receive $20,000 scholarship grant, internship and professional mentoring – Advanced Energy announced three recipients of its 2024 Science, Technology, Engineering and Mathematics (STEM) Scholarship ...
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Advanced Energy Announces Possible All-Cash Offer to Acquire XP Power Limited
May 21, 2024
DENVER--(BUSINESS WIRE)-- Advanced Energy Industries, Inc. (Nasdaq: AEIS), a global leader in highly engineered, precision power conversion, measurement, and control solutions, today announced a possible offer of £19.50 per share in cash to acquire the entire issued and to be issued shares of XP Power Limited (LSE: XPP, “XP Power”), after submitting three, all-cash, proposals to the Board of ...
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Advanced Energy to Participate at Upcoming Investor Conferences
May 10, 2024
Advanced Energy today announced that it will participate at the following investor conferences. JP Morgan 51st Annual Global Technology, Media and Communications Conference Date: Monday, May 20, 2024 Presentation time: 2:30PM EST KeyBanc Industrials & ...
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Advanced Energy Introduces Intelligent, Fully Water-Cooled DC Power Supply
May 07, 2024
AEI has added a fully water-cooled 60 kW option to its Ascent® Arc Management System™ (AMS) family of DC generators for the precise control of film quality and repeatability, extending the industry-leading system with the most advanced software capabilities and the ability to operate in harsh environments.
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Advanced Energy Reports First Quarter 2024 Results
May 01, 2024
Revenue was $327.5 million, below guidance GAAP EPS from continuing operations was $0.15, within the guidance range Non-GAAP EPS was $0.58, within the guidance range DENVER--(BUSINESS WIRE)-- Advanced Energy Industries, Inc. (Nasdaq: AEIS), a global leader in highly engineered, precision power conversion, measurement, and control solutions, today announced financial results for the first ...
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Advanced Energy Declares Quarterly Cash Dividend
April 26, 2024
DENVER--(BUSINESS WIRE)-- Advanced Energy Industries, Inc. (NASDAQ: AEIS), a global leader in highly engineered, precision power conversion, measurement, and control solutions, today announced that its board of directors has authorized a quarterly cash dividend of $0.10 per share, payable on June 7, 2024 to shareholders of record as of May 27, 2024. Future dividend declarations, as well as the ...
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Advanced Energy Announces First Quarter 2024 Earnings Date on May 1
April 17, 2024
Advanced Energy will report its first quarter 2024 financial results after the market closes on Wednesday, May 1, 2024. Management's quarterly conference call will be held the same day beginning at 4:30 p.m. Eastern Time. To participate in the live ...