-- CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:
AEIS delivered Q1 results with revenue of $511M (+26% Y/Y) beating consensus of $508M and non-GAAP EPS of $2.09 (+70% Y/Y) above consensus of $1.98. The company achieved a key milestone, surpassing 40% non-GAAP gross margin for the first time, driven by manufacturing consolidation and favorable product mix shifts toward higher-margin segments. This demonstrates AEIS's ability to scale profitably while progressing toward its long-term 43% gross margin target. Management provided robust Q2 guidance with revenue of $540M and EPS of $2.18, both above consensus. Data Center Computing maintained strong momentum with revenue of $194M (+102% Y/Y), now representing 38% of total revenue, reflecting continued customer adoption of AI infrastructure power solutions. Semiconductor Equipment showed sequential recovery at $219M (+4% Q/Q) as inventory normalization continues, with strengthening demand expected in H2 supported by advanced logic and memory investments.