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American Superconductor Corp (AMSC.OQ)

AMSC.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

AMSC reports Q3 loss per share $0.20
Monday, 6 Feb 2017 08:30am EST 

American Superconductor Corp - : AMSC reports third quarter fiscal 2016 financial results and provides business outlook . Sees Q4 2016 loss per share $0.39 . Q3 loss per share $0.20 . Q3 revenue $27.1 million versus I/B/E/S view $25.5 million . Q3 earnings per share view $-0.32 -- Thomson Reuters I/B/E/S . Q3 non-gaap loss per share $0.21 . For Q4 ending March 31, 2017, AMSC expects that its revenues will be in range of $22.0 million to $26.0 million . Q4 earnings per share view $-0.38, revenue view $26.5 million -- Thomson Reuters I/B/E/S .Expects a minimal cash burn of less than $2.0 million in Q4.  Full Article

American Superconductor sees Q3 2016 revenue $26-$27 mln
Friday, 27 Jan 2017 04:10pm EST 

American Superconductor Corp : AMSC announces preliminary third quarter fiscal 2016 results . Sees Q3 2016 revenue $26 million to $27 million . For Q3 of fiscal year 2016, AMSC expects its revenues to be in range of $26 - $27 million . Revenues are expected to increase in both wind and grid segments in third fiscal quarter compared to same quarter a year ago . Revenues are expected to increase in both wind and grid segments in Q3 compared to same quarter a year ago . For Q3 co expects its net loss to be in range of $2.5 - $3.0 million . Q3 earnings per share view $-0.52, revenue view $23.8 million -- Thomson Reuters I/B/E/S . Entered into market issuance sales agreement with FBR capital markets to sell $10.0 million of shares through FBR .Proceeds from atm are expected to be used to fund growth initiatives in company's grid segment.  Full Article

Nexans and AMSC partner to market superconductor power cables
Monday, 29 Aug 2016 09:07am EDT 

Nexans SA :AMSC and Nexans announce a partnership to market and sell AMSC's resilient electric grid (REG) system, and other high performance superconductor power cables, in U.S. and Canada.  Full Article

American Superconductor gets notification of Hainan higher people's court's dismissal of civil action filed by Suzhou AMSC Superconductor
Tuesday, 23 Aug 2016 05:03pm EDT 

American Superconductor Corp : On August 17 received notification that Hainan higher people's court dismissed civil action filed by Suzhou AMSC superconductor .Expects to file an appeal of Hainan higher people’s court’s decision with China's supreme people’s court.  Full Article

AMSC Q1 loss per share $0.76
Tuesday, 9 Aug 2016 08:30am EDT 

American Superconductor Corp : Amsc reports first quarter fiscal 2016 financial results and provides business outlook . Q1 loss per share $0.76 . Q1 revenue $13.3 million versus i/b/e/s view $13.4 million . Q1 non-gaap loss per share $0.64 . Sees q2 2016 loss per share $0.88 . Sees q2 2017 revenue $16 million to $18 million . Q1 earnings per share view $-0.92 -- Thomson Reuters I/B/E/S . Q2 earnings per share view $-0.53, revenue view $23.7 million -- Thomson Reuters I/B/E/S .Expects that its non-gaap net loss for q2 of fiscal 2016 will be less than $12.0 million, or $0.85 per share.  Full Article

American Superconductor reports Q4 loss per share $0.25
Tuesday, 31 May 2016 08:30am EDT 

American Superconductor Corp : AMSC reports fourth quarter and fiscal 2015 financial results and provides business outlook . Q4 non-GAAP loss per share $0.28 . Sees Q1 2017 revenue $12 million to $14 million . Q4 revenue view $20.2 million -- Thomson Reuters I/B/E/S . Sees Q1 2016 loss per share $0.94 . Q4 loss per share $0.25 . Q4 revenue $27.5 million versus $25.1 million .Q4 earnings per share view $-0.60 -- Thomson Reuters I/B/E/S.  Full Article

American Superconductor Corp raises Q3 2015 guidance
Wednesday, 9 Dec 2015 04:15pm EST 

American Superconductor Corp:Expects revenues to be in the range of $22 million to $24 million for Q3 2015, which is higher than its previous guidance of $19 million to $22 million.improved outlook on Q3 2015 revenues is driven primarily by higher than anticipated revenues in the company's Wind segment.As a result of the higher than anticipated revenues, co now expects Q3 2015 net loss to be less than $4.5 million, or $0.33 per share, compared to its previous forecast of less than $5.5 million or $0.40 per share.company's Q3 2015 non-GAAP net loss is now expected to be less than $7.5 million or $0.54 per share, compared to its previous forecast of less than $8.5 million or $0.62 per share.Q3 2015 revenue of $21 million, net income ($8.4 million) and EPS of ($0.61) - Thomson Reuters I/B/E/S.  Full Article

American Superconductor Corp receives $40 million follow-on order from inox wind
Monday, 31 Aug 2015 09:10am EDT 

American Superconductor Corp:Says that it has received an about $40 million order for wind turbine electrical control systems (ECS) from Inox Wind Limited, part of India's Inox Group of Companies.AMSC expects to begin shipments under this new order during the second quarter of fiscal 2015 and expects to complete the vast majority of shipments by the end of fiscal year 2015.  Full Article

American Superconductor Corp announces $6 million in STATCOM Orders in Asia Pacific
Wednesday, 26 Aug 2015 08:30am EDT 

American Superconductor Corp:Announces two new D-VAR STATCOM orders worth about $6 million to supply a PQ-IVR Power Quality Solution to a semiconductor fabrication plant and a D-VAR Renewable Interconnectivity Solution to a wind farm in Australia.Says the systems are expected to be delivered by the end of this fiscal year.  Full Article

American Superconductor Corp gives Q2 2015 guidance
Wednesday, 5 Aug 2015 08:30am EDT 

American Superconductor Corp:Expects Q2 2015 revenues to be in the range of $18 million to $20 million.Expects Q2 2015 net loss to be less than $8.5 million, or $0.62 per share.Expects Q2 2015 non-GAAP net loss to be less than $9.0 million, or $0.65 per share.  Full Article

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