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News  ›  The Motley Fool

Why Advanced Energy Stock Exploded Higher Today

The Motley Fool Logo The Motley Fool By Rich Smith
Why Advanced Energy Stock Exploded Higher Today

Advanced Energy Industries reported strong Q3 earnings, with 80% year-over-year profit growth and 24% total revenue increase, driven by significant AI data center solutions sales growth of 113%.

Insights
PFE   neutral

Mentioned in context of Paxton's previous legal actions, not directly involved in current lawsuit


AEIS   positive

Company exceeded earnings expectations, reported 80% profit growth, doubled AI sales, and provided optimistic Q4 guidance, leading to a 15.77% stock price increase