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0.0103703703703704 0.000987654320987633 0.000987654320987633 0.000987654320987633 0.011851851851852 0.0128395061728396 0.0246913580246914 0.0474074074074074
Stock impact report

American Superconductor expects higher revenue in Q2 with NWL acquisition [Seeking Alpha]

American Superconductor Corporation (AMSC) 
Last american superconductor corporation earnings: 2/5 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.amsc.com/investor-relations
Company Research Source: Seeking Alpha
The company now expects revenues, inclusive of its NWL acquisition, to be in the range of $50M to $55M ( consensus estimate : $49.40M) for the quarter. The company's previous revenue guidance, excluding the NWL acquisition, was in the range of $38M to $42M. As a result of higher expected revenues, AMSC anticipates positive cash generation to be between $1M and $4M. Its previous operating cash flow guidance, excluding the NWL acquisition, was breakeven to a positive cash generation of $2M. “We are very pleased with the acquisition of NWL. We expect that it will strengthen the quality of our revenues and earnings and further expand our industrial market penetration,” said Daniel P. McGahn, Chairman, President and CEO of AMSC. Shares of American Superconductor ( AMSC ) were up premarket on Tuesday. Recommended For You More Trending News AMSC - American Superconductor Corporation Recommended For You More Trending News About AMSC Stock Related Stocks Trending Analysi Show less Read more
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