DENVER (AP) — DENVER (AP) — Advanced Energy Industries Inc. (AEIS) on Monday reported third-quarter earnings of $115.6 million.

On a per-share basis, the Denver-based company said it had net income of $2.79. Earnings, adjusted for stock option expense and non-recurring costs, came to $3.65 per share.

The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $3.06 per share.

The maker of power-conversion products posted revenue of $696.4 million in the period, also surpassing Street forecasts. Five analysts surveyed by Zacks expected $646.4 million.

Advanced Energy expects full-year earnings in the range of $3.60 to $4.20 per share.

Advanced Energy shares have climbed 4% since the beginning of the year. In the final minutes of trading on Monday, shares hit $217.69, a climb of slightly more than 7% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AEIS at https://www.zacks.com/ap/AEIS