Core Insights - AMSC reported a revenue increase of over 20% year-over-year for the second quarter of fiscal 2025, reaching $65.9 million compared to $54.5 million in the same period of fiscal 2024, driven by organic growth and the acquisition of NWL, Inc. [2][5] - The company achieved a net income of $4.8 million, or $0.11 per share, for the second quarter of fiscal 2025, slightly down from $4.9 million, or $0.13 per share, in the same quarter of fiscal 2024 [3][9] - AMSC's non-GAAP net income for the second quarter was $8.9 million, or $0.20 per share, compared to $10.0 million, or $0.27 per share, in the prior year [3][21] - The company reported cash, cash equivalents, and restricted cash totaling $218.8 million as of September 30, 2025, a significant increase from $85.4 million at the end of March 2025 [4][19] Financial Performance - AMSC's gross margin surpassed 30% for the second quarter, indicating improved profitability [5][9] - The company expects third-quarter revenues to be in the range of $65.0 million to $70.0 million, with net income projected to exceed $2.0 million, or $0.05 per share [6][22] - Non-GAAP net income for the third quarter is anticipated to exceed $6.0 million, or $0.14 per share [6][23] Business Outlook - AMSC's CEO expressed confidence in the company's execution and the strong order demand across energy and military markets, supported by domestic manufacturing and reliable power needs [5][8] - The company is optimistic about the opportunities ahead in fiscal 2025, indicating a positive outlook for growth [5][6] Company Overview - AMSC is a leading provider of megawatt-scale power resiliency solutions, focusing on enhancing the performance and reliability of power networks and naval fleet operations [8][10] - The company operates globally, with a presence in Asia, Australia, Europe, and North America, and is committed to meeting the demand for smarter and cleaner energy solutions [8][10]

Core Insights - AMSC reported a significant revenue increase of 80% year-over-year for the first quarter of fiscal 2025, reaching $72.4 million compared to $40.3 million in the same period of fiscal 2024, driven by organic growth and the acquisition of NWL, Inc. [2][5] - The company achieved a net income of $6.7 million, or $0.17 per share, marking a turnaround from a net loss of $2.5 million, or $0.07 per share, in the prior year [3][9] - AMSC's non-GAAP net income for the first quarter was $11.6 million, or $0.30 per share, compared to $3.0 million, or $0.09 per share, in the same period of fiscal 2024 [3][21] - Cash and cash equivalents increased significantly to $213.4 million as of June 30, 2025, up from $85.4 million at the end of the previous quarter [4][19] Business Outlook - For the second quarter ending September 30, 2025, AMSC anticipates revenues in the range of $65.0 million to $70.0 million, with expected net income exceeding $2.0 million, or $0.05 per share [6][22] - The company expects non-GAAP net income for the second quarter to exceed $6.0 million, or $0.14 per share [6][22] Management Commentary - Daniel P. McGahn, Chairman, President, and CEO, highlighted the company's accelerated growth and exceptional execution, noting the strength in the semiconductor market driven by demand for artificial intelligence and data centers [5][9] - The company is confident in its ability to scale the business, diversify revenue streams, and maintain strong financial performance moving forward [5][9] Financial Performance - AMSC's gross margin surpassed 30% in the first quarter, reflecting improved operational efficiency [5][9] - The company reported total operating expenses of $18.8 million, up from $15.5 million in the same period last year, with increased investments in research and development [14][15]