AMSC Improves Second Quarter Business Outlook
American Superconductor Corporation (AMSC)
Last american superconductor corporation earnings: 2/5 04:05 pm
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US:NASDAQ Investor Relations:
ir.amsc.com/investor-relations
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Source: GlobeNewswire
AYER, Mass., Sept. 10, 2024 (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 announced updated financial guidance for its second fiscal quarter ending September 30, 2024 to reflect the recently announced acquisition of NWL. AMSC now expects revenues, inclusive of its NWL acquisition, to be in the range of $50 million to $55 million for the second quarter of fiscal 2024. The Company’s previous revenue guidance, excluding the NWL acquisition, was in the range of $38 million to $42 million. As a result of higher expected revenues, AMSC anticipates positive cash generation to be between $1.0 and $4.0 million in the second quarter of fiscal 2024. The Company’s previous operating cash flow guidance, excluding the NWL acquisition, was breakeven to a positive cash generation of $2.0
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News
- American Superconductor Corporation (AMSC): A Bull Case Theory [Yahoo! Finance]Yahoo! Finance
- Are Computer and Technology Stocks Lagging American Superconductor (AMSC) This Year? [Yahoo! Finance]Yahoo! Finance
- Recent Price Trend in American Superconductor (AMSC) is Your Friend, Here's Why [Yahoo! Finance]Yahoo! Finance
- American Superconductor Second Quarter 2025 Earnings: Beats Expectations [Yahoo! Finance]Yahoo! Finance
- AMSC Reports Second Quarter Fiscal Year 2024 Financial Results and Provides Business OutlookGlobeNewswire
AMSC
Earnings
- 10/30/24 - Beat
AMSC
Sec Filings
- 11/12/24 - Form SC
- 11/8/24 - Form SC
- 11/6/24 - Form 4
- AMSC's page on the SEC website