Advanced Energy Industries, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 327.48 million compared to USD 425.04 million a year ago. Net income was USD 5.22 million compared to USD 30.92 million a year ago.

Basic earnings per share from continuing operations was USD 0.15 compared to USD 0.85 a year ago. Diluted earnings per share from continuing operations was USD 0.15 compared to USD 0.84 a year ago. Basic earnings per share was USD 0.14 compared to USD 0.83 a year ago.

Diluted earnings per share was USD 0.14 compared to USD 0.82 a year ago.