American Superconductor (AMSC) Misses Q2 View; Guides Revenues Higher, But Sees Bigger Loss
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American Superconductor (Nasdaq: AMSC) reports Q2 loss of $0.15, 9 cents worse than the analyst estimate of ($0.06). Revenues for the quarter were $39.8 million, versus the consensus of $40.8 million.
American Superconductor raises FY08 revenue view by $10M to a range of $175M-$185M, consensus is for revenue of $176.16M. The increase in revenue will also drive the EPS higher.
American Superconductor raises FY08 EPS view to a loss of $0.30 to $0.35 per share compared to American Superconductor's previous guidance of a loss $0.21 to $0.28, consensus is for a loss of $0.21.
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