Advanced Energy posts lower Q2 sales
FORT COLLINS — Advanced Energy Industries Inc. (Nasdaq: AEIS) posted lower revenues in the second quarter of fiscal year 2019 as compared with the previous period and the second quarter of 2018.
Sales were $134.8 million in the second quarter of 2019, compared with $140.7 million in the first quarter of 2019 and $196.0 million in the second quarter of 2018, according to Advance Energy’s earnings report released Monday afternoon.
Earnings were $17.2 million or 45 cents per diluted share in the second quarter of 2019, down from $49.4 million or $1.25 per diluted…
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