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News & Press Releases
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Advanced Energy’s Introduces LumaDrive™ Systems for High Efficiency Large-Scale Industrial and Horticultural LED Lighting
August 15, 2024
Advanced Energy Industries, Inc. has announced the LumaDrive™ Pre-wired Systems series of high-efficiency remote centralized drivers for large-scale horticultural, greenhouse and industrial LED lighting applications. These platforms combine multiple 4 kW modules into a cost-effective pre-wired cabinet that simplifies installation, enables simple "hot swap" repairs, eliminates extra dimming control connections and reduces the overall cost of any large-scale lighting installation.
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Advanced Energy Breaks Ground on Flagship Factory in Thailand
October 03, 2023
Advanced Energy’s 500,000 sq ft facility will manufacture leading-edge power delivery systems for the semiconductor market, and be capable of delivering revenue of up to $1 billion per year DENVER--(BUSINESS WIRE)-- Advanced Energy Industries, Inc. (Nasdaq: AEIS), a global leader in highly engineered, precision power conversion, measurement and control solutions, announced that it held a ...
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Advanced Energy Launches New Liquid-Cooled Configurable Power Supply at The Battery Show
September 13, 2023
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The configurable iHP series of high-power power supplies now adds a liquid cooling option, offering stable and accurate high resolution power delivery for critical applications DENVER--(BUSINESS WIRE)-- Advanced Energy Industries, Inc. (Nasdaq: AEIS) – a global leader in highly engineered, precision power conversion, measurement and control solutions today announces the new high-power, ...
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Advanced Energy Announces Closing of Offering of $575 Million of 2.50% Convertible Senior Notes With Initial Purchasers’ Option Fully Exercised
September 12, 2023
DENVER--(BUSINESS WIRE)-- Advanced Energy Industries, Inc. (Nasdaq: AEIS), a global leader in highly engineered, precision power conversion, measurement, and control solutions, announced today the closing of its previously announced private offering of $575 million aggregate principal amount of 2.50% Convertible Senior Notes due 2028 (the “notes”), which amount includes the full exercise of ...
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Advanced Energy Announces Pricing of Offering of $500 Million of 2.50% Convertible Senior Notes
September 08, 2023
Advanced Energy announced today the pricing of its private offering of $500 million aggregate principal amount of 2.50% Convertible Senior Notes due 2028 (the “notes”) at a premium of approximately 30% over the closing price of ...
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Advanced Energy Announces Proposed Offering of $500 Million Convertible Senior Notes
September 06, 2023
DENVER--(BUSINESS WIRE)-- Advanced Energy Industries, Inc. (Nasdaq: AEIS), a global leader in highly engineered, precision power conversion, measurement, and control solutions, announced today that it intends to offer, subject to market and other conditions, $500 million aggregate principal amount of Convertible Senior Notes due 2028 (the “notes”) in a private offering. The notes will be ...
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Advanced Energy to Participate at Upcoming Investor Conferences
August 07, 2023
Revenue was $416 million, above the mid-point of guidance Industrial & Medical revenue was a quarterly record and grew 22% from last year GAAP EPS from continuing operations was $0.73 Non-GAAP EPS was $1.11, above the mid-point of guidance DENVER--(BUSINESS WIRE)-- Advanced Energy Industries, Inc. (Nasdaq: AEIS), a global leader in highly engineered, precision power conversion, measurement, ...
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Advanced Energy Reports Second Quarter 2023 Results
August 03, 2023
Advanced Energy announced that its board of directors has authorized a quarterly cash dividend of $0.10 per share, payable on September 1, 2023 to shareholders of record as of August 21, 2023. Future dividend declarations, as ...