American Superconductor (US:AMSC) ZACKS·2025-11-06 16:31Core Insights - American Superconductor Corporation (AMSC) reported second-quarter fiscal 2025 earnings of 20 cents per share, exceeding the Zacks Consensus Estimate by 33.3% [1][11] - AMSC's revenues increased by 20.9% year over year to $65.86 million, but fell short of the Zacks Consensus Estimate by 3.1% [2][11] Financial Performance - AMSC's Grid revenues were $54.34 million, accounting for 82.5% of total revenues, and increased by 16% year over year [3] - Wind segment revenues reached $11.52 million, representing 17.5% of total revenues, and grew by 52.9% year over year [4] - Gross profit for the quarter was $20.44 million, up from $15.61 million in the year-ago quarter, resulting in a gross margin of 31% [5] - Operating expenses totaled $17.47 million, leading to an operating income of $2.96 million compared to an operating loss of $7.53 million in the previous year, with an operating margin of 4.5% [6] Balance Sheet and Cash Flow - AMSC ended the quarter with cash and cash equivalents of $212.89 million, an increase from $207.89 million in the prior quarter, and reported no debt [7] - The company generated an operating cash flow of $10.61 million and spent $2.21 million on capital expenditures during the quarter [7] Guidance - AMSC provided guidance for Q3 fiscal 2025, projecting revenues between $65 million and $70 million, with the Zacks Consensus Estimate at $68.4 million, indicating an 11.4% year-over-year rise [8] - Expected GAAP net income for Q3 is over $2 million (5 cents per share), while non-GAAP net income is projected to exceed $6 million (14 cents per share) [9]