American Superconductor Corporation (AMSC) released Loss for first quarter that decreased from the same period last year but missed the Street estimates.
The company's earnings totaled -$2.524 million, or -$0.07 per share. This compares with -$5.398 million, or -$0.19 per share, in last year's first quarter.
Analysts on average had expected the company to earn $0.01 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 33.2% to $40.290 million from $30.254 million last year.
American Superconductor Corporation earnings at a glance (GAAP) :
-Earnings (Q1): -$2.524 Mln. vs. -$5.398 Mln. last year.-EPS (Q1): -$0.07 vs. -$0.19 last year.-Revenue (Q1): $40.290 Mln vs. $30.254 Mln last year.
-Guidance:Next quarter EPS guidance: (-$0.05)Next quarter revenue guidance: $38.0 - $42.0 Mln
For comments and feedback contact: editorial@rttnews.com
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.