Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:American Superconductor Corporation (AMSC) : This megawatt-scale power solutions company has seen the Zacks Consensus Estimate for its current year earnings increasing 55.6% over the last 60 days.Meta Platforms, Inc. (META) : This company which provides social media platform has seen the Zacks Consensus Estimate for its current year earnings increasing 9% over the last 60 days.The Clorox Company (CLX) : This consumer and professional pr ...

AYER, Mass. , Jan. 31, 2024 (GLOBE NEWSWIRE) -- American Superconductor Corporation (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 of our Navy's fleet, announced today that it has priced its underwritten public offering of 5,400,000 shares of its common stock at a public offering price of $11.25 per share. AMSC expects the gross proceeds from this offering ...

AYER, Mass., Jan. 30, 2024 (GLOBE NEWSWIRE) -- American Superconductor Corporation (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 of our Navy's fleet, today announced that it intends to offer and sell shares of its common stock in an underwritten public offering. AMSC also expects to grant the underwriters a 30-day option to purchase additional shares of c ...

Investors might want to bet on American Superconductor (AMSC) , as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. ...

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 ...