American Superconductor

American Superconductor Corp. engages in provision of megawatt-scale power solutions, which improve the performance of the power grid and lower the cost of wind power. It operates through Grid and Wind segments. The Grid segment enables electric utilities and renewable energy project developers to connect, transmit, and distribute power with efficiency, reliability, security, and affordability. The Wind segment permits the manufacturers to field wind turbines with power output, reliability, and affordability. The company was founded by Yet-Ming Chiang, David A. Rudman, John B. Vander Sande, and Gregory J. Yurek on April 9, 1987 and is headquartered in Ayer, MA.

Earnings data Q4 2020

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AMSC reports record Q4 revenues, eyes electrification trend opportunities

AMSC's Q4 2022 saw record revenues but also a decrease in gross margin and a net loss. Fiscal year 2022 showed potential with a 12-month backlog of over $125 million. The company is focused on seizing near-term opportunities and capitalizing on the electrification trend.

AMSC reports strong Q2 performance, eyes growth in diverse sectors

AMSC's Q2 2023 performance exceeded expectations, driven by strong revenue growth and a notable improvement in net loss. The company's strengths lie in the significant growth of its grid and wind business unit revenues, supported by a positive outlook for future opportunities. However, challenges related to potential margin impact and managing the net loss were also discussed.

American Superconductor reports strong Q3 revenue growth and positive outlook

AMSC's Q3 performance reflects revenue growth driven by new energy power systems, with a focus on cost management and margin improvement.
The company's strengths lie in its diversified business approach, successful deployments, and positive outlook for future growth.
Challenges include margin pressures, cash burn, and working capital management, requiring strategic solutions for financial stability.
Opportunities for AMSC include market expansion, revenue growth from sales leverage, and continued positive outlook for 2023 and beyond.

American Superconductor reports record revenue and eyes margin expansion

AMSC's Q4 2022 performance reflects record revenue, with a focus on margin expansion and operational efficiency improvements.
Despite challenges in gross margin and net loss, the company remains optimistic about fiscal year 2023, driven by business diversification and growth opportunities.
Efforts to clear the Neeltran backlog are expected to pave the way for improved margins and lower cash burns in the near term.
AMSC's strategic focus on seizing new market opportunities and leveraging its diversified backlog positions it for a strong fiscal year ahead.

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American Superconductor Corp. engages in the provision of megawatt-scale power solutions, which improve the performance of the power grid and lower the cost of wind power. It operates through the Grid and Wind segments. The Grid segment enables electric utilities and renewable energy project developers to connect, transmit, and distribute power with efficiency, reliability, security, and affordability. The Wind segment permits the manufacturers to field wind turbines with power output, reliability, and affordability. The company was founded by Yet Ming Chiang, David A. Rudman, John B. Vander Sande, and Gregory J. Yurek on April 9, 1987 and is headquartered in Ayer, MA.

American Superconductor reported stronger-than-expected earnings and 33% sales growth last night. GAAP earnings are still negative and may remain so for another year.

Why American Superconductor Stock Dropped 7% Today

American Superconductor's (AMSC) first-quarter fiscal 2024 results are likely to reflect growing momentum across Wind and Grid segments.

What's in Store for American Superconductor's (AMSC) Q1 Earnings?

AYER, Mass., July 31, 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 first quarter fiscal year 2024 financial results after the market close on Tuesday, August 6, 2024. In conjunction with this announcement, AMSC management will participate in a conference call with investors and covering analysts beginning at 10:00 a.m. Eastern Time on Wednesday, August 7, 2024. On this call, management will discuss the Company's recent accomplishments, financial results, and business outlook.

AMSC to Report First Quarter Fiscal Year 2024 Financial Results on August 6, 2024

American Superconductor (AMSC) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.

American Superconductor (AMSC) Is a Great Choice for 'Trend' Investors, Here's Why

3 MW Class Electrical Control Systems to Serve Growing Onshore Wind Market in India 3 MW Class Electrical Control Systems to Serve Growing Onshore Wind Market in India

AMSC Receives Wind Turbine Electrical Control System Follow-on Order from Inox Wind

Does American Superconductor (AMSC) have what it takes to be a top stock pick for momentum investors? Let's find out.

Are You Looking for a Top Momentum Pick? Why American Superconductor (AMSC) is a Great Choice

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American Superconductor (AMSC) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

American Superconductor (AMSC) Moves 9.4% Higher: Will This Strength Last?

I identified AMSC as a growth opportunity in August 2023, initially rated Hold, upgraded to Buy, and now Strong Buy with stock up over 300% in the past year. AMSC is driving growth in power solutions for Renewables, Mining, Semiconductors, and Military applications, with strong revenue growth and potential for significant future growth in semiconductors. Financial performance shows impressive revenue growth, gross margin expansion, and positive outlook for FY2024, with Wall Street analysts and SA Quant system giving strong ratings.

American Superconductor: Diverse Power Solutions Fuel Revenue Growth

Dublin, July 05, 2024 (GLOBE NEWSWIRE) -- The "High Temperature Superconducting Fiber Market Report: Trends, Forecast and Competitive Analysis to 2030" report has been added to ResearchAndMarkets.com's offering. The global high temperature superconducting fiber market is expected to grow with a CAGR of 9.5% from 2024 to 2030.

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hares of American Supercomputer (AMSC) jumped 12% to $26.34 June 13, a three-year high, after the company announced it had closed a five-year contract to provide its new Ship Protection Systems hardware to the Canadian Navy. This was just the latest spike that has seen AMSC's stock rocket 120% (June 20) year to date and 366% off its 52-week low.

Rally In AMSC Shares Continues With $75 Million Canadian Navy Deal

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Once a rising star in the green energy industry, American Superconductor is making a comeback and growing revenues strongly. The company recently opened a defense division -- and just won a $75 million military contract in Canada.

Why American Superconductor Stock Popped 8% Today

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AMSC Awarded $75 Million Contract for Proprietary Ship Protection System for Multiple Canadian Surface Combatant Ships AMSC Awarded $75 Million Contract for Proprietary Ship Protection System for Multiple Canadian Surface Combatant Ships

AMSC Expands Ship Protection System Offering to Allied Navy with First Contract Win

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News for American Superconductor Stock (AMSC)