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
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.