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0 0.0372623574144487 0.0372623574144487 -0.0114068441064639 -0.0114068441064639 -0.00190114068441067 -0.00380228136882121 0.026235741444867
Stock impact report

AMSC Reports Third Quarter Fiscal Year 2020 Financial Results and Provides Business Outlook

American Superconductor Corporation (AMSC) 
Last american superconductor corporation earnings: 2/5 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.amsc.com/investor-relations
Company Research Source: GlobeNewswire
AYER, Mass., Feb. 03, 2021 (GLOBE NEWSWIRE) -- AMSC (Nasdaq: AMSC), a leading system provider of megawatt-scale power resiliency solutions that orchestrate the rhythm and harmony of power on the grid™, and protect and expand the capability and resiliency of our Navy’s fleet, today reported financial results for its third quarter of fiscal year 2020 ended December 31, 2020. Revenues for the third quarter of fiscal 2020 were $23.6 million compared with $17.9 million for the same period of fiscal 2019. The year-over-year increase was a result of higher Grid and Wind segment revenues versus the year ago period.  The higher Grid segment revenues were primarily due to revenues generated from our recent acquisition of Northeast Power Systems, Inc. The higher Wind segment revenues were a result of higher shipments of electrical control systems to Inox Wind. AMSC’s net loss for the third quarter of fiscal 2020 was $7.9 million, or $0.31 per share, compared to a net loss of $6.8 mil Show less Read more
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