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American Superconductor (AMSC) Reports Q2 Adj-EPS of $0.19; Raises FY09 Sales Outlook

October 29, 2009 7:33 AM EDT
AMSC Hot Sheet
Financial Fact:
Operating income: -26.57M

Today's EPS Names:
VSNT, CIM, KH, More
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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