2024-05-01 21:59:08 ET
Advanced Energy Industries, Inc. (AEIS)
Q1 2024 Earnings Conference Call
May 01, 2024 04:30 PM ET
Company Participants
Edwin Mok - Vice President, Strategic Marketing & Investor Relations
Steve Kelley - President & Chief Executive Officer
Paul Oldham - Executive Vice President & Chief Financial Officer
Conference Call Participants
Joe Quatrochi - Wells Fargo
Steve Barger - KeyBanc Capital Markets
Krish Sankar - TD Cowen
James Ricchiuti - Needham & Co.
Scott Graham - Seaport Research
Mark Miller - Benchmark
Krish Sankar - TD Cowen
Presentation
Operator
Greetings and welcome to Advanced Energy's First Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instructions] And as a reminder, this conference is being recorded.
It is now my pleasure to introduce to you, Edwin Mok, Vice President, Strategic Marketing and Investor Relations. Thank you, Edwin. You may begin.
Edwin Mok
Thank you, operator. Good afternoon, everyone. Welcome to Advanced Energy first quarter 2024 earnings conference call. With me today are Steve Kelley, our President and CEO; and Paul Oldham, our Executive Vice President and CFO. You can find our earnings press release and presentation on our website at ir.advancedenergy.com.
Let me remind you that today's call contains forward-looking statements. They are subject to risks and uncertainties that could cause actual results to differ materially and are not guarantees of future performance. Information concerning these risks can be found in our SEC filings. All forward-looking statements are based on management's estimates as of today, May 1, 2024 and the company assumes no obligation to update them.
Any targets beyond the current quarter presented today should not be interpreted as guidance. On today's call, our financial results are presented on a non-GAAP financial basis unless otherwise specified. Excluded from non-GAAP results are stock compensation, amortization, acquisition-related costs, restructuring and impairment charges and unrealized foreign exchange gains or losses. A detailed reconciliation between GAAP and non-GAAP measures can be found in today's press release.
With that let me pass the call to our President and CEO, Steve Kelley.
Steve Kelley
Thanks, Edwin. Good afternoon, everyone and thanks for joining the call. We had a challenging first quarter. Although, semiconductor revenue was stronger than expected, revenue in our other markets was weaker than forecasted....
Read the full article on Seeking Alpha
For further details see:
Advanced Energy Industries, Inc. (AEIS) Q1 2024 Earnings Call Transcript