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American Superconductor Corp (AMSC.OQ)

AMSC.OQ on NASDAQ Stock Exchange Global Select Market

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13 Sep 2019
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Latest Key Developments (Source: Significant Developments)

American Superconductor Reports Q1 Non-GAAP Loss Per Share Of $0.30
Tuesday, 6 Aug 2019 

Aug 6 (Reuters) - American Superconductor Corp ::AMSC REPORTS FIRST QUARTER FISCAL YEAR 2019 FINANCIAL RESULTS AND PROVIDES BUSINESS OUTLOOK.Q1 NON-GAAP LOSS PER SHARE $0.30.Q1 LOSS PER SHARE $0.17.Q1 REVENUE $13.8 MILLION VERSUS $12.6 MILLION.Q1 REVENUE ESTIMATE $10.7 MILLION -- REFINITIV IBES DATA.Q1 EARNINGS PER SHARE ESTIMATE $-0.31 -- REFINITIV IBES DATA.SEES Q2 LOSS PER SHARE NOT EXCEEDING $0.41.NET LOSS FOR Q2 OF FISCAL 2019 IS EXPECTED NOT TO EXCEED $8.5 MILLION, OR $0.41 PER SHARE.Q2 NON-GAAP NET LOSS IS EXPECTED NOT TO EXCEED $7.5 MILLION, OR $0.36 PER SHARE.  Full Article

American Superconductor Corp - Entered Into An Exclusive License Agreement For A 3 MW Class Wind Turbine Design In India With Inox Wind Limited
Tuesday, 26 Feb 2019 

Feb 26 (Reuters) - American Superconductor Corp ::AMERICAN SUPERCONDUCTOR CORP - ENTERED INTO AN EXCLUSIVE LICENSE AGREEMENT FOR A 3 MW CLASS WIND TURBINE DESIGN IN INDIA WITH INOX WIND LIMITED.  Full Article

American Superconductor Q3 Non-GAAP Loss Per Share $0.11
Tuesday, 5 Feb 2019 

American Superconductor Corp ::AMSC REPORTS THIRD QUARTER FISCAL 2018 FINANCIAL RESULTS AND PROVIDES BUSINESS OUTLOOK.Q3 NON-GAAP LOSS PER SHARE $0.11.Q3 EARNINGS PER SHARE $0.85.Q3 REVENUE $14.1 MILLION VERSUS REFINITIV IBES ESTIMATE OF $15.2 MILLION.SEES Q4 2018 LOSS PER SHARE $0.29.Q3 EARNINGS PER SHARE ESTIMATE $-0.29 -- REFINITIV IBES DATA.FOR Q4 ENDING MARCH 31, 2019, AMSC EXPECTS THAT ITS REVENUES WILL BE IN RANGE OF $14 MILLION TO $16 MILLION.COMPANY'S NON-GAAP NET LOSS (AS DEFINED BELOW) IS EXPECTED NOT TO EXCEED $5 MILLION, OR $0.24 PER SHARE FOR Q4.Q3 EARNINGS PER SHARE VIEW $-0.29 -- REFINITIV IBES DATA.Q3 REVENUE VIEW $15.2 MILLION -- REFINITIV IBES DATA.  Full Article

American Superconductor Reports Q2 Non-GAAP Loss Per Share $0.13
Tuesday, 6 Nov 2018 

Nov 6 (Reuters) - American Superconductor Corp ::AMSC REPORTS SECOND QUARTER FISCAL 2018 FINANCIAL RESULTS AND PROVIDES BUSINESS OUTLOOK.Q2 NON-GAAP LOSS PER SHARE $0.13.Q2 EARNINGS PER SHARE $1.11.Q2 REVENUE $14.9 MILLION VERSUS I/B/E/S VIEW $14 MILLION.Q2 EARNINGS PER SHARE VIEW $-0.24 -- THOMSON REUTERS I/B/E/S.EXPECTS Q3 2018 LOSS PER SHARE NOT TO EXCEED $0.29.AMERICAN SUPERCONDUCTOR SEES Q3 REVENUE $14 MILLION TO $16 MILLION; SEES Q3 NON-GAAP LOSS PER SHARE NOT TO EXCEED $0.31.  Full Article

American Superconductor Expects Funding Between $9 Mln To $11 Mln
Wednesday, 31 Oct 2018 

Oct 31 (Reuters) - American Superconductor Corp ::AMERICAN SUPERCONDUCTOR - CO EXPECTS FUNDING PROVIDED BY DEPARTMENT OF HOMELAND SECURITY FOR SUBCONTRACT AGREEMENT BETWEEN $9 MILLION TO $11 MILLION.AMERICAN SUPERCONDUCTOR - CO AGREED TO DELIVER IRREVOCABLE LETTER OF CREDIT FOR $5 MILLION TO SECURE CERTAIN OBLIGATIONS UNDER SUBCONTRACT AGREEMENT.  Full Article

AMSC, ComEd Agree To Install Resilient Electric Grid System In Chicago
Wednesday, 31 Oct 2018 

Oct 31 (Reuters) - American Superconductor Corp ::AMSC AND COMED AGREE TO INSTALL RESILIENT ELECTRIC GRID SYSTEM IN CHICAGO.AMERICAN SUPERCONDUCTOR CORP - RESILIENT ELECTRIC GRID (REG) EXPECTED TO BE IN OPERATION BY EARLY 2021.  Full Article

Amsc Reports First Quarter Fiscal 2018 Financial Results
Tuesday, 31 Jul 2018 

July 31 (Reuters) - American Superconductor Corp ::AMSC REPORTS FIRST QUARTER FISCAL 2018 FINANCIAL RESULTS AND PROVIDES BUSINESS OUTLOOK.Q1 NON-GAAP LOSS PER SHARE $0.18.Q1 LOSS PER SHARE $0.23.Q1 REVENUE $12.6 MILLION VERSUS I/B/E/S VIEW $13.8 MILLION.Q1 EARNINGS PER SHARE VIEW $-0.27 -- THOMSON REUTERS I/B/E/S.SEES Q2 2018 EARNINGS PER SHARE $1.01.  Full Article

AMSC Announces $11 Million In D-Var System Orders
Wednesday, 18 Jul 2018 

July 18 (Reuters) - American Superconductor Corp ::AMSC ANNOUNCES $11 MILLION IN D-VAR® SYSTEM ORDERS.AMERICAN SUPERCONDUCTOR - 3 ORDERS SERVE RENEWABLE CONNECTIVITY SECTOR, 2 ORDERS ARE EXPECTED TO BE USED FOR INDUSTRIAL POWER QUALITY APPLICATIONS.  Full Article

Sinovel Wind Expects Profits To Rise After Implementing Agreement To Resolve U.S. Case With AMSC, Other US-Based Firms
Wednesday, 11 Jul 2018 

July 11 (Reuters) - Sinovel Wind Group Co Ltd <601558.SS>::SAYS IT EXPECTS PROFITS TO INCREASE AFTER IMPLEMENTING AGREEMENT TO RESOLVE ITS U.S. TRADE SECRETS THEFT CASE WITH AMSC AND OTHER U.S.-BASED FIRMS LUMUS CONSTRUCTION INC, FAIRHAVEN WIND LLC, SCITUATE WIND LLC.  Full Article

American Semiconductor Announces Settlement With Sinovel Wind Group
Wednesday, 4 Jul 2018 

July 3 (Reuters) - American Superconductor Corp ::AMSC ANNOUNCES SETTLEMENT WITH SINOVEL WIND GROUP.AMERICAN SUPERCONDUCTOR - AMSC AND SINOVEL WIND GROUP CO ENTERED SETTLEMENT AGREEMENT TO RESOLVE ALL EXISTING COMMERCIAL DISPUTES BETWEEN PARTIES.AMERICAN SUPERCONDUCTOR - SINOVEL HAS AGREED TO PAY AMSC AN AGGREGATE CASH AMOUNT IN RMB EQUIVALENT TO $57.5 MILLION, CONSISTING OF TWO INSTALLMENTS.AMSC AND UNIT AMSC AUSTRIA GMBH GRANTED SINOVEL NON-EXCLUSIVE LICENSE FOR CERTAIN AMSC INTELLECTUAL PROPERTY.AMSC AND SINOVEL HAVE ALSO AGREED TO SUBMIT WITHDRAWAL APPLICATIONS TO TERMINATE VARIOUS LEGAL PROCEEDINGS BETWEEN THEM.AMERICAN SUPERCONDUCTOR- CO AND SINOVEL AGREED TO MUTUAL RELEASE COVERING ALL MATTERS OF COMMERCIAL DISPUTES, EFFECTIVE UPON COMPLETION OF SECOND PAYMENT.  Full Article