Advanced Energy Industries (AEIS) Is Down After Q2 Profit Disappoints

Advanced Energy Industries (AEIS) reported second quarter EPS of $1.25 after the close Monday, which fell short of the consensus estimate of $1.35.

The company also announced that it has agreed to acquire LumaSense Technologies Holdings.

Advanced Energy Industries was range-bound throughout Monday’s session and closed up by 0.28 at $60.28. Shares are falling 3.66 on 89K shares after the bell.

by RTTNews Staff Writer

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