American Superconductor (AMSC) Tops Q4 EPS by 1c, Miss on Revenues; Provides Business Outlook

American Superconductor (NASDAQ: AMSC) reported Q4 EPS of ($0.30), $0.01 better than the analyst estimate of ($0.31). Revenue for the quarter came in at $13.5 million versus the consensus estimate of $14.53 million.

Business Outlook

For the first quarter ending June 30, 2018, AMSC currently expects that its revenues will be in the range of $11 million to $13 million. The Company’s net loss for the first quarter of fiscal 2018 is expected to be less than $7.0 million, or $0.34 per share. The Company's non-GAAP net loss is expected to be less than $6.1 million, or $0.30 per share. The Company expects an operating cash burn of $6 million to $8 million in the first quarter of fiscal 2018.

For earnings history and earnings-related data on American Superconductor (AMSC) click here.

You May Also Be Interested In

• 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
• Cracker Barrel (CBRL) Tops Q3 EPS by 71c
• United Natural Foods (UNFI) Reports In-Line Q3 EPS ; Offers Outlook