Why Advanced Energy Stock Exploded Higher Today
Advanced Energy Industries (NASDAQ: AEIS) stock rocketed 17% through 3:45 a.m. ET Wednesday after crushing on its Q3 earnings report last night.
Heading into the report, analysts forecast the power conversion, measurement, and control company would earn $1.47 per share on $441.5 million in quarterly sales. Advanced Energy flipped the digits, though, and ended up earning $1.74 per share, and its sales were $463.3 million.
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Source Fool.com
