AMSC Reports First Quarter Fiscal 2018 Financial Results and Provides Business Outlook

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American Superconductor (AMSC) Tops Q1 EPS by 9c

July 31, 2018 4:24 PM EDT

American Superconductor (NASDAQ: AMSC) reported Q1 EPS of ($0.18), $0.09 better than the analyst estimate of ($0.27). Revenue for the quarter came in at $12.6 million versus the consensus estimate of $13.83 million.

Our Grid segment delivered strong results in the first quarter of fiscal 2018, said Daniel P. McGahn, President and CEO, AMSC. We expect revenue... More