Advanced Energy Industries, Inc. (AEIS) - NASDAQ
  • Dec. 22, 2014, 4:12 PM
    • The options being considered by Advanced Energy (NASDAQ:AEIS) for its solar inverter ops include "a sale, joint venture, partnership, licensing or other alternatives including additional product line optimization and rationalization, in order to maximize shareholder value."
    • AEIS also says it plans to record a $10M-$14M non-cash inventory charge in Q4 related to "the company's strategic review and resulting retirement of certain central inverter legacy products."
    • Central (string) solar inverters have been losing ground to microinverters. The former are cheaper than the latter, but can also be less reliable and/or efficient.
    • Shares are halted.
    | Dec. 22, 2014, 4:12 PM | 2 Comments
Company Description
Advanced Energy Industries, Inc. design, manufacture, sell, and support power conversion products that transform power into various usable forms. Its products enable manufacturing processes that use thin-films for various products, such as semiconductor devices, flat panel displays, thin film... More
Sector: Technology
Industry: Diversified Electronics
Country: United States