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FX.co ★ American Superconductor Corporation Q4 Earnings Summary

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typeContent_19130:::2024-05-29T21:30:00

American Superconductor Corporation Q4 Earnings Summary

**Earnings Highlights for American Superconductor Corporation (AMSC)**

- **Earnings:** AMSC reported a net loss of $1.58 million in Q4, a marked improvement from last year's loss of $6.87 million for the same period.

- **Earnings Per Share (EPS):** The Q4 EPS stood at -$0.05, compared to -$0.25 in the corresponding quarter of the previous year.

- **Adjusted Earnings:** Excluding certain items, the company achieved adjusted earnings of $1.87 million or $0.05 per share for the period, surpassing analysts' expectations of -$0.02 per share.

- **Revenue:** In Q4, AMSC generated $42.03 million in revenue, up significantly from $31.74 million in the same quarter last year.

**Guidance:**

- The company projects next quarter revenue to be in the range of $38 million to $42 million.

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