Advanced Energy Sees 2026 Growth Around 40% as Q3 Revenue Rises 50% Year Over Year
Photo: TokenPost
Advanced Energy Industries raised its 2026 revenue growth outlook to around 40% after third-quarter revenue rose 50% year over year, with record sales in semiconductor equipment and data center computing. The company reported $696.4 million in revenue for the quarter ended Sept. 30, compared with $463.3 million a year earlier and $574.1 million in the second quarter. Revenue increased $122.3 million from the prior quarter. The result topped the $644.84 million pre-earnings consensus estimate highlighted in a previous revenue preview . Semiconductor Equipment revenue reached $322 million, up 64% from a year earlier.
Source: TokenPost
