earnings
confidence high
sentiment negative
materiality 0.60
AMSC Q2 FY2021 revenue $27.9M (+32% YoY); net loss $4.4M; Q3 rev guidance $25-28M
AMERICAN SUPERCONDUCTOR CORP /DE/
2022-Q2 EPS reported
-$0.36
revenue$53,328,000
- Q2 revenue $27.9M vs $21.1M YoY, driven by Grid segment growth of >50%.
- GAAP net loss $4.4M ($0.16/shr) vs $3.7M ($0.17/shr) YoY; non-GAAP loss $5.1M ($0.19/shr).
- Cash, equivalents, and restricted cash $57.0M at Sep 30, down from $63.1M at Jun 30.
- Q3 outlook: revenue $25-28M; net loss ≤$7.0M ($0.25/shr); non-GAAP loss ≤$5.5M ($0.20/shr).
- Q3 expected operating cash burn $3-5M; cash balance no less than $51M.