American Superconductor Fiscal Q4 Non-GAAP Net Income, Revenue Rise; Provides Fiscal Q1 Outlook

MT Newswires Live
05-22

American Superconductor (AMSC) reported fiscal Q4 non-GAAP net income late Wednesday of $0.12 per diluted share, up from $0.05 a year earlier.

Three analysts polled by FactSet expected $0.10.

Revenue for the quarter ended March 31 was $66.7 million, up from $42 million. Three analysts surveyed by FactSet expected $60.3 million.

For fiscal Q1, the company expects non-GAAP EPS of $0.10 on revenue of $64.0 million to $68.0 million. Analysts are looking for $0.11 on revenue of $60.7 million.

Shares of the company were up more than 7% in recent after-hours activity.

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