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American Superconductor: Fiscal Q4 Earnings Snapshot

American Superconductor: Fiscal Q4 Earnings Snapshot

By Ap News
Published - May 29, 2024, 04:42 PM ET
Last Updated - May 29, 2024, 04:42 PM EDT

AYER, Mass. (AP) — AYER, Mass. (AP) — American Superconductor Corp. (AMSC) on Wednesday reported a loss of $1.6 million in its fiscal fourth quarter.

The Ayer, Massachusetts-based company said it had a loss of 5 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, came to 5 cents per share.

The wind turbine component maker posted revenue of $42 million in the period.

For the current quarter ending in June, American Superconductor said it expects revenue in the range of $38 million to $42 million.

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