💨 Abstract

American Superconductor Corp. (AMSC) reported fiscal fourth-quarter net income of $1.2 million, a significant turnaround from a loss the previous year. The company earned $66.7 million in revenue for the quarter and $222.8 million for the year, with annual net income of $6 million. For the upcoming quarter, AMSC predicts earnings of 10 cents per share and revenue between $64 million to $68 million.

Courtesy: WTOP Staff