Advanced Energy Industries, Inc. Company profile
About Advanced Energy Industries, Inc.
Advanced Energy Industries, Inc. is a provider of engineered, precision power conversion, measurement, and control solutions. The Company is engaged in designing, manufacturing, selling, and supporting precision power products that refines and modifies the raw electrical power from the utility and converts it into various types of controllable, usable power that is repeatable and customizable. Its power solutions enables development in semiconductor and thin film plasma processes such as dry etch, strip, chemical and physical deposition, high and low voltage applications such as process control, data center computing, networking, telecommunication, analytical instrumentation, medical equipment, industrial technology and temperature-critical thermal applications such as material and chemical processing. It also supplies related instrumentation products for advanced temperature measurement and control, and electrostatic instrumentation products for test and measurement applications.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, Advanced Energy Industries, Inc. revenues increased 3% to $1.46B. Net income before extraordinary items decreased less than 1% to $134.7M. Revenues reflect Semiconductor equipment segment increase of 16% to $710.2M, Industrial & Medical segment increase of 9% to $341.2M, Europe segment increase of 52% to $179.1M, Rest of World segment increase from $3.1M to $13.6M.
Equity composition
Common Stock $.001 Par, 3/11, 70M auth., 43,499,787 issd. Insiders control 9.13%. IPO 11/95, 3.6M shares @ $10by Lehman Brothers. PO 11/99, 3M shares (1M by Co.) @ $39 by Goldman Sachs & Co. FY'00 Qs are restated for acquisitions. FY'99 &'00 Summ. Q's reflect restatement.