American Superconductor Corp (AMSC.OQ) Key Developments | Reuters.com
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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)

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

American Superconductor gives Q1 2015 guidance
Thursday, 28 May 2015 08:45am EDT 

American Superconductor:Sees Q1 2015, revenues to be in the range of $22 million to $24 million.Sees Q1 2015 net loss to be less than $9.0 million, or $0.74 per share.Sees Q1 2015 non-GAAP net loss to be less than $8.5 million, or $0.70 per share.  Full Article

Sinovel Wind (Group) announces change of litigation claims by American Superconductor
Tuesday, 19 May 2015 08:00pm EDT 

Sinovel Wind (Group) Co Ltd:Says American Superconductor and its two group companies changed claims for trade secret infringement case filed against the company.The plaintiffs asked for judgment of trade secret infringement by Sinovel Wind (Group) and its three employees, as well as compensation on investigation fee of 186,000 yuan.  Full Article

American Superconductor Corp announces contract from u.s. navy for high temperature superconductor (hts) equipment
Tuesday, 19 May 2015 08:45am EDT 

American Superconductor Corp:Says U.S. Navy awarded a contract worth up to $8.5 million to provide high temperature superconductor (HTS)-based ship protection system equipment.  Full Article

American Superconductor prices offering of common stock
Friday, 24 Apr 2015 09:05am EDT 

American Superconductor:Prices its underwritten public offering of 4,000,000 shares of its common stock at a public offering price of $6.00 per share.Net proceeds to AMSC from this offering are expected to be about $22.3 mln, after deducting the underwriting discount and estimated offering expenses.AMSC expects to close the offering, subject to customary conditions, on or about April 29.In connection with the offering, Cowen and Company, LLC acted as sole book-running manager and Northland Capital Markets served as co-manager.Northland Capital Markets' is the trade name for certain capital markets and investment banking services of Northland Securities, Inc., member FINRA/SIPC.  Full Article

American Superconductor Corp raises low end of prior Q4, FY 2014 revenue guidance to a range in line with analysts' estimates
Thursday, 23 Apr 2015 04:01pm EDT 

American Superconductor Corp:Expects Q4 2014 revenues will be in the range of $24-$25 mln.Expects FY 2014 revenues to be in the range of $69 to $70 mln.Q4 2014 revenue of $25 mln - Thomson Reuters I/B/E/S.FY 2014 revenue of $70 mln - Thomson Reuters I/B/E/S.  Full Article

BRIEF-American Superconductor reports Q4 loss per share $0.25

* AMSC reports fourth quarter and fiscal 2015 financial results and provides business outlook