Nov 2, 4:03 PM ET
Advanced Energy reported third quarter 2026 results with revenue of $696 million, up 50% from a year earlier and above the high end of its guidance. GAAP diluted EPS from continuing operations was $2.80, up from $1.21, and non-GAAP EPS was $3.65, also above the high end of guidance. The company guided fourth quarter 2026 revenue to $735 million plus or minus $25 million.
- Q3 2026 revenue was $696 million, versus $463 million in Q3 2025 and $574 million in Q2 2026.
- GAAP diluted EPS from continuing operations was $2.80 versus $1.21 a year earlier; non-GAAP EPS was $3.65 versus $1.74.
- Q2 2026 GAAP results included $32 million of inducement costs tied to partial conversion of the 2028 convertible notes.
- Q4 2026 guidance: revenue $735 million plus or minus $25 million; GAAP EPS $3.30 plus or minus $0.30; non-GAAP EPS $3.90 plus or minus $0.30.
Read the filing on SEC.gov ↗
Aug 3, 4:04 PM ET
Advanced Energy reported second-quarter 2026 revenue of $574 million, up 30% from a year earlier and above the high end of its guidance. Non-GAAP EPS was $2.74, versus $1.50 a year earlier, while GAAP EPS from continuing operations was $1.29, including $31.8 million of inducement costs tied to partial conversion of its 2028 convertible notes. The company also guided third-quarter 2026 revenue to $640 million, plus or minus $20 million.
- Q2 2026 revenue was $574 million, up from $442 million a year earlier and $511 million in Q1 2026
- Non-GAAP EPS was $2.74 versus $1.50 in Q2 2025; GAAP EPS from continuing operations was $1.29 versus $0.67
- GAAP EPS included $31.8 million, or $0.75 per diluted share, of inducement costs on the 2028 convertible notes
- Q3 2026 guidance: revenue $640 million plus or minus $20 million; non-GAAP EPS $3.00 plus or minus $0.25
Read the filing on SEC.gov ↗
May 18, 4:10 PM ET
Advanced Energy Industries completed a private offering of $1.15 billion in 0% convertible senior notes maturing May 15, 2031, and used part of the net proceeds of about $1,128.1 million to buy back $438.3 million of its 2.50% convertible notes due 2028 in exchange for cash and shares. The filing says capped call transactions are expected to reduce potential dilution to shareholders from conversions, up to a cap.
- $1.15 billion of 0% convertible senior notes due May 15, 2031, including the full $150.0 million option exercised by the initial purchasers
- Net proceeds of about $1,128.1 million; $69.0 million paid for capped call confirmations and about $442.4 million in cash plus about 1.98 million common shares used to exchange $438.3 million of 2028 notes
- Initial conversion price of about $508.78 per share; $136.7 million of 2028 notes remain outstanding; notes cannot be redeemed before May 21, 2029, except in a cleanup redemption
Read the filing on SEC.gov ↗
May 8, 12:34 PM ET
At its May 7, 2026 annual meeting, Advanced Energy stockholders approved an amendment that raises the share pool under its 2023 Omnibus Incentive Plan from 2,400,000 to 4,900,000 shares and extends the plan to May 7, 2036. They also approved doubling authorized common stock from 70,000,000 to 140,000,000 shares, effective the same day, and elected all ten director nominees. The filing does not state the number of new shares that will be issued under these changes.
- Equity plan share authorization rises from 2,400,000 to 4,900,000 shares; termination date extended from April 27, 2033 to May 7, 2036
- Authorized common stock increases from 70,000,000 to 140,000,000 shares, effective upon filing May 7, 2026
- Equity plan approved with 26,784,160 votes for and 7,379,970 against
- All ten director nominees elected, with individual votes for ranging from 33,037,148 to 34,150,102
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.