Advanced Energy Industries (AEIS) reported Q4 non-GAAP earnings late Wednesday of $1.30 per diluted share, up from $1.24 a year earlier.
Analysts polled by FactSet expected $1.10.
Net revenue in the three months ended Dec. 31 rose to $415.4 million from $405.3 million a year earlier.
Analysts surveyed by FactSet expected $393.9 million.
The company expects Q1 non-GAAP earnings of $1.03 a share, plus or minus $0.25, on revenue of $392 million, plus or minus $20 million.
Analysts surveyed by FactSet expect EPS of $0.99 on sales of $382.9 million.
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