secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN SUPERCONDUCTOR CORP /DE/ (AMSC)
CIK:        0000880807
Form:       8-K
Filed at:   2023-02-01T23:59:59+00:00
Accession:  0001437749-23-002268
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AMSC Q3 FY2022 revenue $23.9M, net loss $9.6M; Q4 revenue outlook $27-30M
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- Revenue $23.9M, down from $26.8M YoY; net loss $9.6M ($0.34/sh) vs $4.3M ($0.16/sh) YoY.
- Non-GAAP net loss $7.7M ($0.27/sh) vs $4.6M ($0.17/sh) YoY; cash and restricted cash $31.4M.
- Booked $43M total orders, backlog over $110M; secured fifth ship protection system for LPD-32.
- Expects Q4 revenue $27-30M, net loss ≤$8.0M ($0.28/sh); non-GAAP net loss ≤$6.0M ($0.21/sh).
- Annual cost savings ~$5M from restructuring; expects release of $5M restricted cash performance bond in Q4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/880807/000143774923002268/0001437749-23-002268-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/880807/000143774923002268/amsc20221113_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-002268

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer