American Superconductor (AMSC) Reports Q2 Adj-EPS of $0.19; Raises FY09 Sales Outlook
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AMSC (NASDAQ: AMSC) reports Q2 adj-EPS of $0.19, 7 cents better than the analyst estimate of $0.12. Revenue for the quarter was $74.7 million, which compares to the estimate of $68.95 million.
Boosted backlog to $587 million.
Raises its FY09 sales guidance from $260-$270 million to $300-$310 million.
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