Advanced Energy reports record revenue
DENVER – Advanced Energy Industries Inc. (Nasdaq: AEIS) reported record revenues for total sales and semiconductor sales as part of a second-quarter earnings statement released today.
Advanced Energy, a provider of precision power conversion, measurement and control solutions, formerly was headquartered in Fort Collins. While retaining an engineering and production facility in Northern Colorado, its headquarters now is in Denver.
Total revenue was a record $440.9 million for the quarter that ended June 30, above the high end of guidance range, the company said, and semiconductor revenue was also a record and grew 30% from last year.
“Second quarter financial results surpassed our…
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