Benzinga | Aug 5, 2020 07:53AM EDT

Advanced Energy Indus Q2 Adj. EPS $1.18 Beats $0.81 Estimate, Sales $339.88M Beat $318.21M Estimate

Advanced Energy Indus (NASDAQ:AEIS) reported quarterly earnings of $1.18 per share which beat the analyst consensus estimate of $0.81 by 45.68 percent. This is a 162.22 percent increase over earnings of $0.45 per share from the same period last year. The company reported quarterly sales of $339.88 million which beat the analyst consensus estimate of $318.21 million by 6.81 percent. This is a 152.12 percent increase over sales of $134.81 million the same period last year.