secwatch.observer — SEC 8-K summary
======================================

Issuer:     AMERICAN SUPERCONDUCTOR CORP /DE/ (AMSC)
CIK:        0000880807
Form:       8-K
Filed at:   2024-10-30T23:59:59+00:00
Accession:  0001437749-24-032617
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AMSC Q2 revenue up 60% YoY to $54.5M; net income $4.9M vs prior-year loss
-------------------------------------------------------------------------

- GAAP net income of $4.9M ($0.13/share) vs net loss of $2.5M ($0.09/share) a year ago.
- Non-GAAP net income $10.0M ($0.27/share) vs less than $0.1M ($0.00/share) in Q2 2023.
- Revenue $54.5M; increase driven by NWL acquisition and higher shipments of power systems.
- 12-month backlog >$200M; total backlog >$300M; Q2 new orders ~$60M.
- Q3 guidance: revenue $55-60M, GAAP net loss ≤$1M, non-GAAP net income >$2M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/880807/000143774924032617/0001437749-24-032617-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/880807/000143774924032617/amsc20240816_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-032617

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