04:25 PM EST, 02/12/2025 (MT Newswires) -- 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.