Advanced Energy Q4 revenue $415.4 million tops guidance; 2024 revenue down 10%
Advanced Energy reported fourth-quarter 2024 revenue of $415.4 million, above the high end of its guidance, and GAAP EPS from continuing operations of $1.29, up from $1.01 a year earlier. For the full year, revenue fell 10% to $1.48 billion and GAAP EPS from continuing operations fell to $1.49 from $3.46, and first-quarter 2025 revenue guidance of $392 million +/- $20 million is below the fourth-quarter level.
Key points
- Q4 2024 revenue was $415.4 million, versus $405.3 million in Q4 2023 and $374.2 million in Q3 2024
- Q4 GAAP EPS from continuing operations was $1.29, including a one-time net tax benefit of $15.0 million; non-GAAP EPS was $1.30
- Full-year 2024 revenue was $1.48 billion, down 10% from $1.66 billion in 2023
- Q1 2025 guidance: revenue $392 million +/- $20 million; GAAP EPS $0.48 +/- $0.25; non-GAAP EPS $1.03 +/- $0.25
The filing
Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 12, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.