American Superconductor (AMSC) said Tuesday it has updated its fiscal Q2 financial guidance to include its recent acquisition of NWL.
For the quarter ended Sept. 30, AMSC now expects revenue of $50 million to $55 million, up from $38 million to $42 million previously, excluding NWL.
The company now also expects positive cash flow of $1.0 to $4.0 million, up from its previous estimate of breakeven to $2.0 million.
American Superconductor shares were 1.5% higher in recent premarket trading.
Price: 20.49, Change: +0.54, Percent Change: +2.71
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