American Superconductor (AMSC) Misses Q3 EPS by 9c

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Go back to American Superconductor (AMSC) Misses Q3 EPS by 9c

AMSC Reports Third Quarter Fiscal Year 2022 Financial Results and Provides Business Outlook

February 1, 2023 4:55 PM EST

Expected cost savings of approximately $5 million annually from recent action to improve future operating leverage REG system milestone achieved, expected release of $5 million restricted cash performance bond in fourth quarter of fiscal year 2022Company to host conference call tomorrow, February 2 at 10:00 am ET

AYER, Mass., Feb. 01, 2023 (GLOBE NEWSWIRE) -- AMSC (Nasdaq: AMSC), a leading system provider of megawatt-scale power resiliency solutions that orchestrate the rhythm and harmony of power on the grid and protect and expand the capability and resiliency of our Navys... More