UPDATE: AMSC Posts Narrower Q4 Loss

American Superconductor Corporation

posted narrower fourth-quarter loss. AMSC posted a quarterly loss of $21.2 million, or $0.42 per share, versus a year-ago loss of $185.1 million, or $3.67 per share. Its revenue declined 52% to $28.6 million. However, expenses dropped around 72% to $24.0 million. AMSC shares closed at $4.03 yesterday.