American Superconductor

American Superconductor Corp. engages in provision of megawatt-scale power solutions, which improve the performance of the power grid and lower the cost of wind power. It operates through Grid and Wind segments. The Grid segment enables electric utilities and renewable energy project developers to connect, transmit, and distribute power with efficiency, reliability, security, and affordability. The Wind segment permits the manufacturers to field wind turbines with power output, reliability, and affordability. The company was founded by Yet-Ming Chiang, David A. Rudman, John B. Vander Sande, and Gregory J. Yurek on April 9, 1987 and is headquartered in Ayer, MA.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

AMSC reports record Q4 revenues, eyes electrification trend opportunities

AMSC's Q4 2022 saw record revenues but also a decrease in gross margin and a net loss. Fiscal year 2022 showed potential with a 12-month backlog of over $125 million. The company is focused on seizing near-term opportunities and capitalizing on the electrification trend.

AMSC reports strong Q2 performance, eyes growth in diverse sectors

AMSC's Q2 2023 performance exceeded expectations, driven by strong revenue growth and a notable improvement in net loss. The company's strengths lie in the significant growth of its grid and wind business unit revenues, supported by a positive outlook for future opportunities. However, challenges related to potential margin impact and managing the net loss were also discussed.

American Superconductor reports strong Q3 revenue growth and positive outlook

AMSC's Q3 performance reflects revenue growth driven by new energy power systems, with a focus on cost management and margin improvement.
The company's strengths lie in its diversified business approach, successful deployments, and positive outlook for future growth.
Challenges include margin pressures, cash burn, and working capital management, requiring strategic solutions for financial stability.
Opportunities for AMSC include market expansion, revenue growth from sales leverage, and continued positive outlook for 2023 and beyond.

American Superconductor reports record revenue and eyes margin expansion

AMSC's Q4 2022 performance reflects record revenue, with a focus on margin expansion and operational efficiency improvements.
Despite challenges in gross margin and net loss, the company remains optimistic about fiscal year 2023, driven by business diversification and growth opportunities.
Efforts to clear the Neeltran backlog are expected to pave the way for improved margins and lower cash burns in the near term.
AMSC's strategic focus on seizing new market opportunities and leveraging its diversified backlog positions it for a strong fiscal year ahead.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

American Superconductor Corp. engages in the provision of megawatt-scale power solutions, which improve the performance of the power grid and lower the cost of wind power. It operates through the Grid and Wind segments. The Grid segment enables electric utilities and renewable energy project developers to connect, transmit, and distribute power with efficiency, reliability, security, and affordability. The Wind segment permits the manufacturers to field wind turbines with power output, reliability, and affordability. The company was founded by Yet Ming Chiang, David A. Rudman, John B. Vander Sande, and Gregory J. Yurek on April 9, 1987 and is headquartered in Ayer, MA.

The mean of analysts' price targets for American Superconductor (AMSC) points to a 38.9% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Does American Superconductor (AMSC) Have the Potential to Rally 38.89% as Wall Street Analysts Expect?

American Superconductor Corporation (NASDAQ:AMSC ) Q2 2023 Earnings Conference Call November 2, 2023 10:00 AM ET Company Participants John Heilshorn - Lippert/Heilshorn & Associates John Kosiba - CFO, SVP & Treasurer Daniel McGahn - Chairman, President & CEO Conference Call Participants Colin Rusch - Oppenheimer Eric Stine - Craig-Hallum Justin Clare - ROTH MKM Partners Operator Good day, and welcome to the AMSC Second Quarter Fiscal 2023 Financial Results Call. [Operator Instructions].

American Superconductor Corporation (AMSC) Q2 2023 Earnings Call Transcript

AYER, Mass., Oct. 25, 2023 (GLOBE NEWSWIRE) -- AMSC® (NASDAQ: AMSC), a leading system provider of megawatt-scale power resiliency solutions that orchestrate the rhythm and harmony of power on the grid™ and protect and expand the capability of our Navy's fleet, announced today that it plans to release its second quarter fiscal year 2023 financial results after the market close on Wednesday, November 1, 2023. In conjunction with this announcement, AMSC management will participate in a conference call with investors and covering analysts beginning at 10:00 a.m. Eastern Time on Thursday, November 2, 2023. On this call, management will discuss the Company's recent accomplishments, financial results, and business outlook.

AMSC to Report Second Quarter Fiscal Year 2023 Financial Results on November 1, 2023

BlackBerry

Lithium Americas Corp

Moderna

Cassava Sciences Inc

Super Micro Computer

SoFi Technologies

Given the horrendous performance of meme kings like AMC Entertainment (NYSE: AMC ) and GameStop (NYSE: GME ) lately, searching for the best meme stocks may be the last thing on your mind right now. In fact, considering GME's continued declines, and AMC's capitulation in recent weeks, you may think that the meme stock phenomenon has completely gone the way of the dodo.

The 7 Best Meme Stocks to Buy Now: September 2023

Darling Ingredients

MGM Resorts

Buying stocks on weakness is a natural extension of the “buy low, sell high” philosophy at the heart of successful investing. That's because one of the easiest ways to buy low and sell high is to purchase stocks that unjustly and/or excessively dropped.

Future Winners: The 3 Best Stocks to Buy on Weakness Now

The consensus price target hints at a 26% upside potential for American Superconductor (AMSC). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts Predict a 26% Upside in American Superconductor (AMSC): Here's What You Should Know

It's tough to argue that American Superconductor's (NASDAQ: AMSC ) recent supercharged rally was anything but the product of a meme-like wave of speculative frenzy. AMSC stock didn't rally on game-changing news.

AMSC Stock: Meme Play Today, Green Energy Giant Tomorrow?

Let's be perfectly honest. Many traders had never even heard of American Superconductor (NASDAQ: AMSC ) stock until Tesla (NASDAQ: TSLA ) CEO Elon Musk brought up the topic of electricity shortages.

Don't Expect Super Returns From American Superconductor Stock

American Superconductor Corporation strategically positions itself in the renewable energy, mining and metals, semiconductors, and military sectors. The company's focus on renewables aligns with the global shift towards decarbonization, but financial challenges and competition in the semiconductor industry may limit margin expansion. AMSC's success will depend on its ability to navigate the complex and interconnected market, convert potential energy into returns, and adapt to changing political landscapes.

From Wind Power To EVs: How American Superconductor Is Harnessing The Green Transition

The consensus price target hints at a 27.2% upside potential for American Superconductor (AMSC). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts See a 27.17% Upside in American Superconductor (AMSC): Can the Stock Really Move This High?

American Superconductor Corporation (NASDAQ:AMSC ) Q1 2023 Earnings Conference Call August 10, 2023 10:00 AM ET Company Participants John Heilshorn - Investor Relations Daniel McGahn - Chairman, President and Chief Executive Officer John Kosiba - Senior Vice President, Chief Financial Officer and Treasurer Conference Call Participants Eric Stine - Craig-Hallum Colin Rusch - Oppenheimer Justin Clare - ROTH Capital Partners Operator Good morning and welcome to the AMSC First Quarter Fiscal 2023 Financial Results Conference Call. [Operator Instructions] Please note this event is being recorded.

American Superconductor Corporation (AMSC) Q1 2023 Earnings Call Transcript

American Superconductor (AMSC) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of a loss of $0.17. This compares to loss of $0.25 per share a year ago.

American Superconductor (AMSC) Reports Q1 Loss, Tops Revenue Estimates

AYER, Mass., Aug. 09, 2023 (GLOBE NEWSWIRE) -- AMSC (Nasdaq: AMSC), a leading system provider of megawatt-scale power resiliency solutions that orchestrate the rhythm and harmony of power on the grid™ and protect and expand the capability and resiliency of our Navy's fleet, today reported financial results for its first quarter of fiscal year 2023 ended June 30, 2023.

AMSC Reports First Quarter Fiscal Year 2023 Financial Results and Provides Business Outlook

American Superconductor Corp.'s stock AMSC, -28.95% continued its pullback Thursday, falling 20.2% in premarket trades. Shares of American Superconductor ended Wednesday's session down 29%, snapping a five-day winning streak.

American Superconductor's stock continues pullback, down 20% premarket

American Superconductor Corp.'s stock AMSC, -29.29% pulled back 28.2% Wednesday, and is on pace to snap a five-day winning streak. The shares ended Tuesday's session up 60% at $16.13, their highest close since Nov. 11, 2021, when the stock closed at $16.47, according to Dow Jones Market Data.

American Superconductor stock pulls back 28%, set to snap 5-day winning streak

American Superconductor Corp.'s stock rocketed 46.3% Tuesday, putting it on pace for its highest close in 22 months.

American Superconductor stock skyrockets, on pace for highest close since 2021

American Superconductor reports earnings next week. Comments from Elon Musk may have investors feeling bullish about demand for electricity grid products.

Why American Superconductor Stock Soared Today

American Superconductor (NASDAQ: AMSC ) stock fans will want to keep an eye on the company when Aug. 9 rolls around! That's when American Superconductor will release its earnings report for the fiscal first quarter of 2023.

Dear AMSC Stock Fans, Mark Your Calendars for Aug. 9

American Superconductor (NASDAQ: AMSC ) stock is rocketing higher on Tuesday despite a lack of news from the company. There's been no new press release of filings with the Securities and Exchange Commission (SEC) that explain today's rally.

Why Is American Superconductor (AMSC) Stock Up 72% Today?

Shares of American Semiconductor Corp. AMSC, +2.44% skyrocketed 67.4% in premarket trades Tuesday, exhibiting meme-like activity. The stock surged on trading volume of 4.7 million shares, but no apparent news.

American Semiconductor stock skyrockets 67.4%

AYER, Mass., July 31, 2023 (GLOBE NEWSWIRE) -- AMSC® (NASDAQ: AMSC), a leading system provider of megawatt-scale power resiliency solutions that orchestrate the rhythm and harmony of power on the grid™ and protect and expand the capability of our Navy's fleet, announced today that it plans to release its first quarter fiscal year 2023 financial results after the market close on Wednesday, August 9, 2023. In conjunction with this announcement, AMSC management will participate in a conference call with investors and covering analysts beginning at 10:00 a.m. Eastern Time on Thursday, August 10, 2023. On this call, management will discuss market trends, and the Company's recent accomplishments, financial results, and business outlook.

AMSC to Report First Quarter Fiscal Year 2023 Financial Results on August 9, 2023

Orsted AS

First Solar

Maxeon Solar Technologies

Plug Power

SolarEdge Technologies

Governments, companies and consumers are striving to be environmentally friendly and to promote the use of green energy like never before. In this new green era, many renewable energy stocks are going to thrive.

7 Energy Stocks to Buy to Turn $20,000 Into $1 Million

Renewables and Industrials Markets Drive Demand; New Military Market Opportunity Renewables and Industrials Markets Drive Demand; New Military Market Opportunity

AMSC Announces $34 Million of New Energy Power System Orders

Aurora Innovation

Wall Street is finally becoming much more upbeat about the economy, as more investors internalize the realities that inflation is dropping and that new technologies, including artificial intelligence (AI), are going to boost the economy and stocks. Moreover, many on the Street are starting to realize that the economy can prosper and stocks can rise even if the Fed is not cutting interest rates.

The 3 Best Momentum Stocks to Buy in June 2023

Best Buy

EVgo

Roku

In recent months, I've discovered that Dr. Ed Yardeni, former Chief Economist of Prudential Equity Group, and Deutsche Bank, is one of my favorite analysts of stocks and the economy. That's because Yardeni, unlike many other analysts,  doesn't rely on long-held, yet unproven beliefs like “Interest rates are rising, so stocks will fall” to make his predictions.

News for American Superconductor Stock (AMSC)