Advanced Energy Industries (AEIS) could significantly achieve revenue target of $3 billion earlier
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Power supply systems for data centers and semiconductor factories are driving with an 80% share of revenue. The industrial and medical business is also returning to a growth trajectory after two years. The revenue target of $2.5 billion could be reached as early as 2027. Revenue capacities will be expanded by $1 billion to $3.5 billion starting from early 2027 with a new factory in Thailand. The gross margin reaches the highest value in five years and is approaching the planned long-term target of 43%. Operating cash flow reached a record...
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