American Superconductor (AMSC) Tops Q3 EPS by 13c; Guides Q4 Revenue Below Expectations
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AMSC Reports Third Quarter Fiscal 2015 Financial Results and Provides Business Outlook
February 9, 2016 8:45 AM ESTDEVENS, Mass., Feb. 09, 2016 (GLOBE NEWSWIRE) -- AMSC (NASDAQ: AMSC), a global solutions provider serving wind and power grid industry leaders, today reported financial results for its third quarter of fiscal 2015 ended December 31, 2015.Â
Revenues for the third quarter of fiscal 2015 were $25.8 million, compared with $21.2 million for the same period of fiscal 2014. The year over year growth in revenues was a result of strength in both our wind and grid businesses.
AMSCs net loss for the third quarter of fiscal 2015 decreased to $3.0 million, or $0.22 per share, from $6.4 million, or $0.72... More
