American Superconductor: Fiscal Q2 Earnings Snapshot

Associated Press Finance
2024-10-31

AYER, Mass. (AP) — AYER, Mass. (AP) — American Superconductor Corp. (AMSC) on Wednesday reported fiscal second-quarter net income of $4.9 million, after reporting a loss in the same period a year earlier.

The Ayer, Massachusetts-based company said it had net income of 13 cents per share. Earnings, adjusted for non-recurring costs and costs related to mergers and acquisitions, came to 27 cents per share.

The wind turbine component maker posted revenue of $54.5 million in the period.

For the current quarter ending in December, American Superconductor said it expects revenue in the range of $55 million to $60 million.

American Superconductor shares have more than doubled since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $23.48, more than tripling in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AMSC at https://www.zacks.com/ap/AMSC

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10