American Superconductor (NASDAQ:AMSC) reported its Q3 earnings results on Wednesday, January 24, 2024 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
American Superconductor beat estimated earnings by 150.0%, reporting an EPS of $0.03 versus an estimate of $-0.06.
Revenue was up $15.47 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.09 which was followed by a 13.44% increase in the share price the next day.
Here's a look at American Superconductor's past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.09 | -0.16 | -0.20 | -0.25 |
| EPS Actual | 0 | -0.08 | -0.28 | -0.27 |
| Revenue Estimate | 30.40M | 27.75M | 28.25M | 23.99M |
| Revenue Actual | 34.00M | 30.25M | 31.74M | 23.88M |
To track all earnings releases for American Superconductor visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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