💨 Abstract

Advanced Energy Industries Inc., a Denver-based company specializing in power-conversion products, reported a first-quarter net income of $24.7 million, surpassing Wall Street expectations of $1.04 per share. The company's adjusted earnings were $1.23 per share, and revenue totaled $404.6 million, also exceeding estimates. For the current quarter, Advanced Energy predicts earnings of $1.05

Courtesy: wtop.com

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