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Stock Market & Financial Investment News

News Breaks
November 28, 2012
08:51 EDTAMSCAmerican Superconductor lowers Q3 revenue view exceeding $20M, consensus $26.5M
Had seen Q3 revenue exceeding $26M. This guidance is revised as a result of the previously announced cost reduction action.
News For AMSC From The Last 14 Days
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October 1, 2014
08:39 EDTAMSCAMSC sees Q2 GAAP EPS (39c)-(33c), consensus (21c)
American Superconductor said in a filing that it estimates that its net loss on a GAAP basis for the fiscal quarter ended September 30, 2014 will be between $26M-$31M, or between (39c)-(33c) per share. The company has presented a preliminary estimate of its net loss on a GAAP basis for the fiscal quarter ended September 30, 2014. It has provided a range, rather than a specific amount, for this preliminary estimate, in part, because it has not yet completed its quarterly closing procedures for the fiscal quarter ended September 30, 2014. This preliminary estimate is not necessarily indicative of the results for any future period. The company recently commenced an analysis of the potential impairment of its minority investments in Tres Amigas LLC and Blade Dynamics Ltd. The company believes it is likely to record a non-cash impairment charge relating to these investments during the fiscal quarter ended September 30, 2014 of up to $5.3M in the aggregate, which represents the book value of these minority investments as of June 30, 2014.
September 29, 2014
08:51 EDTAMSCAMSC announces new D-VAR system contracts in Canada, UK, U.S.
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September 19, 2014
16:56 EDTAMSCAMSC files $100M mixed securities shelf
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