Shares of American Superconductor (NASDAQ: AMSC) surged 5.14% in after-hours trading following the company's impressive first-quarter earnings report that significantly exceeded analyst expectations. The strong financial performance and optimistic guidance for the upcoming quarter have sparked investor enthusiasm.
American Superconductor reported quarterly earnings of $0.29 per share, surpassing the analyst consensus estimate of $0.12 by a remarkable 135.77%. This represents a substantial 262.5% increase compared to earnings of $0.08 per share in the same period last year. The company's quarterly sales also impressed, reaching $72.358 million, beating the analyst consensus estimate of $64.967 million by 11.38%. This figure marks a 79.59% increase over sales of $40.290 million in the corresponding quarter of the previous year.
Adding to the positive sentiment, American Superconductor provided an encouraging outlook for the second quarter of 2025. The company expects adjusted earnings per share of $0.14 and projects revenue in the range of $65 million to $70 million. This forward-looking guidance suggests continued growth and profitability, likely contributing to the stock's after-hours rally. Investors appear to be rewarding the company's strong performance and optimistic future prospects, as reflected in the significant stock price increase following the earnings announcement.