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American Superconductor Corp (AMSC.OQ)

AMSC.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

American Superconductor Reports Q2 Non-GAAP Loss Per Share $0.13
Wednesday, 7 Nov 2018 

Nov 6 (Reuters) - American Superconductor Corp ::AMSC REPORTS SECOND QUARTER FISCAL 2018 FINANCIAL RESULTS AND PROVIDES BUSINESS OUTLOOK.Q2 NON-GAAP LOSS PER SHARE $0.13.Q2 EARNINGS PER SHARE $1.11.Q2 REVENUE $14.9 MILLION VERSUS I/B/E/S VIEW $14 MILLION.Q2 EARNINGS PER SHARE VIEW $-0.24 -- THOMSON REUTERS I/B/E/S.EXPECTS Q3 2018 LOSS PER SHARE NOT TO EXCEED $0.29.AMERICAN SUPERCONDUCTOR SEES Q3 REVENUE $14 MILLION TO $16 MILLION; SEES Q3 NON-GAAP LOSS PER SHARE NOT TO EXCEED $0.31.  Full Article

American Superconductor Expects Funding Between $9 Mln To $11 Mln
Thursday, 1 Nov 2018 

Oct 31 (Reuters) - American Superconductor Corp ::AMERICAN SUPERCONDUCTOR - CO EXPECTS FUNDING PROVIDED BY DEPARTMENT OF HOMELAND SECURITY FOR SUBCONTRACT AGREEMENT BETWEEN $9 MILLION TO $11 MILLION.AMERICAN SUPERCONDUCTOR - CO AGREED TO DELIVER IRREVOCABLE LETTER OF CREDIT FOR $5 MILLION TO SECURE CERTAIN OBLIGATIONS UNDER SUBCONTRACT AGREEMENT.  Full Article

AMSC, ComEd Agree To Install Resilient Electric Grid System In Chicago
Thursday, 1 Nov 2018 

Oct 31 (Reuters) - American Superconductor Corp ::AMSC AND COMED AGREE TO INSTALL RESILIENT ELECTRIC GRID SYSTEM IN CHICAGO.AMERICAN SUPERCONDUCTOR CORP - RESILIENT ELECTRIC GRID (REG) EXPECTED TO BE IN OPERATION BY EARLY 2021.  Full Article

Amsc Reports First Quarter Fiscal 2018 Financial Results
Wednesday, 1 Aug 2018 

July 31 (Reuters) - American Superconductor Corp ::AMSC REPORTS FIRST QUARTER FISCAL 2018 FINANCIAL RESULTS AND PROVIDES BUSINESS OUTLOOK.Q1 NON-GAAP LOSS PER SHARE $0.18.Q1 LOSS PER SHARE $0.23.Q1 REVENUE $12.6 MILLION VERSUS I/B/E/S VIEW $13.8 MILLION.Q1 EARNINGS PER SHARE VIEW $-0.27 -- THOMSON REUTERS I/B/E/S.SEES Q2 2018 EARNINGS PER SHARE $1.01.  Full Article

AMSC Announces $11 Million In D-Var System Orders
Wednesday, 18 Jul 2018 

July 18 (Reuters) - American Superconductor Corp ::AMSC ANNOUNCES $11 MILLION IN D-VAR® SYSTEM ORDERS.AMERICAN SUPERCONDUCTOR - 3 ORDERS SERVE RENEWABLE CONNECTIVITY SECTOR, 2 ORDERS ARE EXPECTED TO BE USED FOR INDUSTRIAL POWER QUALITY APPLICATIONS.  Full Article

Sinovel Wind Expects Profits To Rise After Implementing Agreement To Resolve U.S. Case With AMSC, Other US-Based Firms
Wednesday, 11 Jul 2018 

July 11 (Reuters) - Sinovel Wind Group Co Ltd <601558.SS>::SAYS IT EXPECTS PROFITS TO INCREASE AFTER IMPLEMENTING AGREEMENT TO RESOLVE ITS U.S. TRADE SECRETS THEFT CASE WITH AMSC AND OTHER U.S.-BASED FIRMS LUMUS CONSTRUCTION INC, FAIRHAVEN WIND LLC, SCITUATE WIND LLC.  Full Article

American Semiconductor Announces Settlement With Sinovel Wind Group
Wednesday, 4 Jul 2018 

July 3 (Reuters) - American Superconductor Corp ::AMSC ANNOUNCES SETTLEMENT WITH SINOVEL WIND GROUP.AMERICAN SUPERCONDUCTOR - AMSC AND SINOVEL WIND GROUP CO ENTERED SETTLEMENT AGREEMENT TO RESOLVE ALL EXISTING COMMERCIAL DISPUTES BETWEEN PARTIES.AMERICAN SUPERCONDUCTOR - SINOVEL HAS AGREED TO PAY AMSC AN AGGREGATE CASH AMOUNT IN RMB EQUIVALENT TO $57.5 MILLION, CONSISTING OF TWO INSTALLMENTS.AMSC AND UNIT AMSC AUSTRIA GMBH GRANTED SINOVEL NON-EXCLUSIVE LICENSE FOR CERTAIN AMSC INTELLECTUAL PROPERTY.AMSC AND SINOVEL HAVE ALSO AGREED TO SUBMIT WITHDRAWAL APPLICATIONS TO TERMINATE VARIOUS LEGAL PROCEEDINGS BETWEEN THEM.AMERICAN SUPERCONDUCTOR- CO AND SINOVEL AGREED TO MUTUAL RELEASE COVERING ALL MATTERS OF COMMERCIAL DISPUTES, EFFECTIVE UPON COMPLETION OF SECOND PAYMENT.  Full Article

AMSC Announces Order Of 5.5 MW ECS For Doosan’S Offshore Wind Turbines
Thursday, 25 Jan 2018 

Jan 24 (Reuters) - AMSC ::AMSC ANNOUNCES ORDER OF 5.5 MW ELECTRONIC CONTROL SYSTEMS FOR DOOSAN’S OFFSHORE WIND TURBINES.AMSC- ANNOUNCED ITS FIRST 5.5 MEGAWATT ELECTRICAL CONTROL SYSTEMS ORDER FROM DOOSAN HEAVY INDUSTRIES & CONSTRUCTION CO LTD.  Full Article

AMSC Announces $8 Mln In D-Var System Orders
Wednesday, 29 Nov 2017 

Nov 29 (Reuters) - American Superconductor Corp ::AMSC ANNOUNCES $8 MILLION IN D-VAR® SYSTEM ORDERS.AMERICAN SUPERCONDUCTOR CORP- ‍REVENUE FROM FOUR D-VAR ORDERS IS EXPECTED TO BE RECOGNIZED IN FISCAL YEAR 2017​.  Full Article

American Superconductor Corp reports net loss for Q2 of fiscal 2017 was $0.38 per share​
Wednesday, 8 Nov 2017 

Nov 7 (Reuters) - American Superconductor Corp ::American Superconductor Corp - ‍AMSC's net loss for Q2 of fiscal 2017 was $0.38 per share​.American Superconductor Corp - ‍revenues For Q2 of fiscal 2017 were $11.0 million, compared with $18.5 million for same period of fiscal 2016​.American Superconductor Corp - ‍non-GAAP net loss for Q2 of fiscal 2017 was $0.44 per share​.American Superconductor Corp - ‍for Q3 ending December 31, 2017, AMSC expects that its revenues will be in range of $14.0 million to $18.0 million​.American Superconductor Corp - ‍net loss for Q3 of fiscal 2017 is expected to be less than $8.0 million, or $0.40 per share​.American Superconductor Corp - ‍non-GAAP net loss is expected to be less than $7.6 million, or $0.38 per share for Q3​.  Full Article

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Breakingviews - Wilbur Ross finally picks right fight with China

HONG KONG (Reuters Breakingviews) - U.S. Secretary of Commerce Wilbur Ross has picked the right fight with China at last. His department has put a provincial, government-backed chipmaker under an embargo similar to that which battered telecoms giant ZTE. Fujian Jinhua has been accused of IP theft by $39 billion Micron Technology. This retaliation presumes guilt. Even so, targeting small, wayward firms is smarter than blanket tariffs.