Recap: American Superconductor Q3 Earnings

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American Superconductor 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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