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Investing.com -- American Superconductor Corporation (NASDAQ:AMSC) saw its stock jump 6.2% after reporting fourth-quarter earnings that beat analyst expectations and issuing strong revenue guidance for the current quarter.
The power systems provider posted adjusted earnings per share of $0.12 for the quarter ended March 31, 2025, surpassing the analyst consensus of $0.08. Revenue came in at $55.59 million, up 32.4% YoY but below estimates of $59.17 million.
For the first quarter of fiscal 2026, AMSC expects revenue between $64 million and $68 million, above the $60.65 million analyst consensus. The company projects adjusted EPS of $0.10, in line with estimates.
"AMSC reported its strongest quarterly and annual performance in years," said CEO Daniel P. McGahn. "Fiscal fourth quarter revenue grew sequentially to over $66 million, up nearly 60% year-over-year."
The company generated $6.3 million in operating cash flow in Q4, helping strengthen its balance sheet. Cash and equivalents totaled $85.4 million as of March 31.
For the full fiscal year 2024, AMSC’s revenue increased 53% YoY to $222.8 million. Net income rose to $6 million, or $0.16 per share, compared to a net loss of $11.1 million, or -$0.37 per share, in fiscal 2023.
McGahn noted AMSC secured $75 million in new orders in Q4, bringing its total year-end order book to nearly $320 million. He expressed confidence in the company’s momentum and ability to continue building a more resilient and profitable business going forward.
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