Advanced Energy Industries, Inc. (AEIS) Q3 2022 Earnings Call Transcript

Advanced Energy Industries, Inc. (NASDAQ:AEIS) Q3 2022 Earnings Conference Call November 1, 2022 4:30 PM ET

Company Participants

Edwin Mok - Vice President of Strategic Marketing & Investor Relations
Paul Oldham - Executive Vice President & Chief Financial Officer
Stephen Kelley - President & Chief Executive Officer

Conference Call Participants

Quinn Bolton - Needham & Company
Scott Graham - Loop Capital Markets
Krish Sankar - Cowen
Mehdi Hosseini - SIG
Hans Chung - D.A. Davidson
Steve Barger - KeyBanc Capital Markets
Mark Miller - Benchmark

Operator

Greetings. Welcome to the Advanced Energy Third Quarter 2022 Earnings Call. [Operator Instructions] Please note, this conference is being recorded.

I will now turn the conference over to your host, Edwin Mok, Vice President of Strategic Marketing and Investor Relations. You may begin.

Edwin Mok

Thank you, operator. Good afternoon, everyone. Welcome to Advanced Energy third quarter 2022 earnings conference call. With me today are Steve Kelley, our President and CEO; and Paul Oldham, our Executive Vice President and CFO. Before I begin, I’d like to mention that we will be participating at several investor conferences in the coming months. If you have not seen our earnings press release and presentation, you can find them on our website at ir.advancedenergy.com.

Let me remind you that today’s call contains forward-looking statements that are subject to risks and uncertainties that are that could cause actual results to differ materially and are not guarantees of future performance. Information concerning these risks can be found in our SEC filings. All forward-looking statements are based on management’s estimates as of today, November 1, 2022, and the company assumes no obligation to update them. Medium-term targets and long-term aspirational goals presented today should not be interpreted as guidance. On today’s call, our financial results are presented on a non-GAAP financial basis unless otherwise specified. Excluded from our non-GAAP results