Key PointsAmerican Superconductor provides power resiliency systems worldwide for power grids and wind turbines.The company reported its second consecutive quarter of non-GAAP EPS profits and 64.8% YoY revenue growth.Twelve-month backlog rose 25% YoY to $132 million.5 stocks we like better than American SuperconductorMegawatt-scale power resiliency solutions provider American Superconductor Co. NASDAQ: AMSC shares surged 40% on its Q3 2023 earnings report and upside guidance. The computer and technology sec ...

American Superconductor Corporation (NASDAQ:AMSC) Q3 2023 Earnings Conference Call January 25, 2024 10:00 AM ET Company Participants John Heilshorn - Lippert/Heilshorn & Associates, IR John Kosiba - CFO, SVP & Treasurer Daniel McGahn - Chairman, President & CEO Conference Call Participants Eric Stine - Craig-Hallum Colin Rusch - Oppenheimer Justin Clare - ROTH MKM Partners Operator Good morning, and welcome to the AMSC Third Quarter Fiscal 2023 Financial Results Conference Call. All participants will be in ...

American Superconductor (AMSC) came out with quarterly earnings of $0.03 per share, beating the Zacks Consensus Estimate of a loss of $0.07 per share. This compares to loss of $0.27 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 142.86%. A quarter ago, it was expected that this wind turbine component maker would post a loss of $0.12 per share when it actually produced break-even earnings, delivering a surprise of 100%.Over th ...

Q3 Financial Highlights: Revenues Increased Over 60% Year Over Year to $39 MillionReported 25% Gross Margin and Achieved Non-GAAP Net Income Generated $1.3 Million of Operating Cash Flow Company to host conference call tomorrow, January 25th at 10:00 am ET  AYER, Mass., Jan. 24, 2024 (GLOBE NEWSWIRE) -- AMSC (NASDAQ:AMSC), a leading system provider of megawatt-scale power resiliency solutions that orchestrate the rhythm and harmony of power on the grid™ and protect and expand the capability and resiliency o ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended December 31, 2023 ☐ Transition Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from _____ to _____. Commission File Number: 0-19672 American Superconductor Corporation (Exact name of registrant as specified in its charter) Delaware 04-2959321 (State or ...

AYER, Mass., Jan. 22, 2024 (GLOBE NEWSWIRE) -- AMSC® (NASDAQ:AMSC), a leading system provider of megawatt-scale power resiliency solutions that orchestrate the rhythm and harmony of power on the grid™ and protect and expand the capability of our Navy's fleet, announced today that it plans to release its third quarter fiscal year 2023 financial results after the market close on Wednesday, January 24, 2024. In conjunction with this announcement, AMSC management will participate in a conference call with inves ...

American Superconductor (AMSC) shares soared 5.4% in the last trading session to close at $10.24. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 12% loss over the past four weeks.The upswing came after the company discloses receiving an $8 million order for its 3-megawatt class wind turbine electrical control systems (ECS) from India’s premium wind turbine manufacturer, Inox Limited. Inox has requested for immediate delivery whi ...

Investors in American Superconductor (AMSC 6.28%) stock are having a pretty good week so far. On Tuesday, the provider of technology to electrical grid operators and wind turbine manufacturers announced an enlarged follow-on order from Inox Wind, a wind turbine manufacturer in India. That, in turn, elicited a price target boost and a renewed buy rating from analyst Eric Stine of investment bank Craig-Hallum on Wednesday morning.Investors quickly responded to the price target hike, bidding up American Superc ...

One day after winning a modest-size contract to supply wind turbine electrical control systems to a wind turbine manufacturer in India, shares of American Superconductor (AMSC 9.46%) shot 10% higher this morning. As of 11:55 a.m. ET, the stock remains up 8%.Helping to sustain the momentum: A price target hike this morning from investment bank Craig-Hallum, which specifically cited the Indian contract as a reason to buy American Superconductor stock.Super news for American SuperconductorAs American Supercond ...

American Superconductor Corporation (NASDAQ:AMSC) Q2 2023 Earnings Conference Call November 2, 2023 10:00 AM ET Company Participants John Heilshorn - Lippert/Heilshorn & Associates John Kosiba - CFO, SVP & Treasurer Daniel McGahn - Chairman, President & CEO Conference Call Participants Colin Rusch - Oppenheimer Eric Stine - Craig-Hallum Justin Clare - ROTH MKM Partners Operator Good day, and welcome to the AMSC Second Quarter Fiscal 2023 Financial Results Call. [Operator Instructions]. Please note that this ...