Advanced Energy Industries, Inc. (AEIS) Shows Strong 4Q 09 Financials
Advanced Energy Industries, Inc., developer of power and control technology for the solar industry, semiconductors, flat panel displays, architectural glass and many other advanced applications including thin-film manufacturing, announced its 4Q 09 (ended Dec. 31) financial results today. CEO of AEIS Hans Betz said that the 4Q 09 figures marked a “high point” for last year, as revenue and additional profits were obtained through a skillful leveraging of strategic cost reductions executed throughout the year. Hans Betz noted, as chief inputs, a rebound in the semiconductor capital equipment market and penetration into the larger multi-megawatt sector from the Company’s Solaron…