American Superconductor (AMSC) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of a loss of $0.03 per share. This compares to loss of $0.28 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 266.67%. A quarter ago, it was expected that this wind turbine component maker would post a loss of $0.07 per share when it actually produced earnings of $0.03, delivering a surprise of 142.86%.Over t ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31, 2024 OR ☐ 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 000-19672 | --- | --- | |----------------------------------------------------------------------------------------------------------|------------------- ...

Exhibit 99.1 AMSC Reports Fourth Quarter and Fiscal Year 2023 Financial Results and Provides Business Outlook Business Highlights: • Full year revenues increased over 37% year over year to $145.6 million • Full year gross margin expansion of 1,620 basis points over the prior year • Generated $2.1 million of operating cash flow, helping to further strengthen the balance sheet Company to host conference call tomorrow, May 30 at 10:00 am ET Ayer, MA – May 29, 2024 – AMSC (Nasdaq: AMSC), a leading system provid ...

Business Highlights: Full year revenues increased over 37% year over year to $145.6 millionFull year gross margin expansion of 1,620 basis points over the prior yearGenerated $2.1 million of operating cash flow, helping to further strengthen the balance sheet Company to host conference call tomorrow, May 30 at 10:00 am ET AYER, Mass., May 29, 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 ...

Business Highlights: Full year revenues increased over 37% year over year to $145.6 millionFull year gross margin expansion of 1,620 basis points over the prior yearGenerated $2.1 million of operating cash flow, helping to further strengthen the balance sheet Company to host conference call tomorrow, May 30 at 10:00 am ET AYER, Mass., May 29, 2024 (GLOBE NEWSWIRE) -- AMSC (Nasdaq: AMSC), a leading system provider of megawatt-scale power resiliency solutions that orchestrate the rhythm and harmony of power o ...

Will tariffs and AI give clean energy a boost?It was a great week for U.S. clean energy stocks after the Biden administration announced new protections against foreign competition across energy products.According to data provided by S&P Global Market Intelligence, Bloom Energy (BE 4.58%) was up as much as 27.7% this week, and American Superconductor (AMSC 5.96%) jumped 12.9%. The two stocks are up 27.5% and 12%, respectively, at 3 p.m. ET on Friday. Protections won't be great for every company though, and t ...

AYER, Mass., May 23, 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 fourth quarter and fiscal year 2023 financial results after the market close on Wednesday, May 29, 2024. In conjunction with this announcement, AMSC management will participate in a conference call with inve ...

AYER, Mass., May 23, 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 fourth quarter and fiscal year 2023 financial results after the market close on Wednesday, May 29, 2024. In conjunction with this announcement, AMSC management will participate in a conference call with inve ...

Many highly successful stock pickers, including Warren Buffett, often buy stocks on weakness. That’s largely because companies that are great or are on their way to greatness often sink for reasons that are not at all justified. For example, on Feb. 21, Super Micro Computer (NASDAQ:SMCI) dropped to as low as $817.08 per share. Many investors wrung their hands about the stock’s valuation, even though it was not expensive, along with the firm’s decision to sell more shares of its stock. Of course, the latter ...

Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Is American Superconductor (AMSC) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Computer and Technology sector should help us answer this question.American Superconductor is a member of our Computer and Technology group, which includes 622 different companies and currently sits at #7 in the Zacks Sector ...