AMSC Q3 revenue $39.4M (+60% YoY), non-GAAP net income $0.9M; guides Q4 rev $36-40M

AMERICAN SUPERCONDUCTOR CORP /DE/

2023-Q3 EPS reported -$0.33 revenue$103,611,000

Revenue $39.4M, up >60% YoY from $23.9M; net loss $1.6M vs $9.6M loss last year.
Non-GAAP net income $0.9M ($0.03 EPS) second consecutive quarter; operating cash flow $1.3M.
Backlog $137M (+25% YoY); new orders >$34M including second Inox Wind ECS order.
Guidance: Q4 rev $36-40M, net loss ≤$3.5M ($0.12), non-GAAP net loss ≤$1.7M ($0.06).
Cash and restricted cash $25M; expects to remain ≥$25M at Q4 end.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.4

AMERICAN SUPERCONDUCTOR CORP /DE/ reported financial results for the third quarter ended December 31, 2023.

Period: the third quarter ended December 31, 2023
Result: reported results

Exact text from the filing

announced its financial results for the third quarter ended December 31, 2023 of the Company's fiscal year 2023

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39 earnings releases filed in the last 30 days. Browse all earnings releases →

AMERICAN SUPERCONDUCTOR CORP /DE/ filing history →

Source: SEC EDGAR

accession 0001437749-24-002040

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