secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN SUPERCONDUCTOR CORP /DE/ (AMSC)
CIK:        0000880807
Form:       8-K
Filed at:   2024-05-29T23:59:59+00:00
Accession:  0001437749-24-018599
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AMSC Q4 revenue $42M, net loss $1.6M; FY2023 revenue $145.6M, non-GAAP net income $0.6M
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- Full-year revenue $145.6M, up 37% YoY; gross margin expanded 1,620 bps.
- Q4 revenue $42.0M, up 32% YoY; non-GAAP net income $1.9M ($0.06/share) vs. loss of $7.8M.
- Cash and restricted cash $92.3M; Q4 operating cash flow $2.1M.
- Q1 FY2024 guidance: revenue $38-42M, net loss ≤$2.2M, operating cash flow breakeven to +$2M.
- Board approved FY2024 executive incentive plan with CEO target $665,000 based on cash flow, revenue, expenses.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/880807/000143774924018599/0001437749-24-018599-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/880807/000143774924018599/amsc20240208_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-018599

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