Recap: American Superconductor Q3 Earnings

American Superconductor AMSC reported its Q3 earnings results on Wednesday, January 24, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

American Superconductor beat estimated earnings by 150.0%, reporting an EPS of $0.03 versus an estimate of $-0.06.

Revenue was up $15.47 million from the same period last year.

Last quarter the company beat on EPS by $0.09 which was followed by a 13.44% increase in the share price the next day.

Here's a look at American Superconductor's past performance:

Quarter	Q2 2023	Q1 2023	Q4 2022	Q3 2022
EPS Estimate	-0.09	-0.16	-0.20	-0.25
EPS Actual	0	-0.08	-0.28	-0.27
Revenue Estimate	30.40M	27.75M	28.25M	23.99M
Revenue Actual	34.00M	30.25M	31.74M	23.88M

To track all earnings releases for American Superconductor visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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