Brief: AMSC Qtrly Loss Per Share $0.34

American Superconductor

02/02/2023 24:02

Feb 1 (Reuters) - American Superconductor Corp  AMSC.O :
    * AMSC REPORTS THIRD QUARTER FISCAL YEAR 2022 FINANCIAL
RESULTS
AND PROVIDES BUSINESS OUTLOOK
    * REVENUES FOR Q3 OF FISCAL 2022 WERE $23.9 MILLION COMPARED
WITH
$26.8 MILLION FOR SAME PERIOD OF FISCAL 2021
    * QTRLY LOSS PER SHARE $0.34
    * QTRLY NON-GAAP NET LOSS PER SHARE BASIC $0.27
    * FOR Q4 ENDING MARCH 31, 2023, AMSC EXPECTS THAT ITS
REVENUES
WILL BE IN RANGE OF $27 MILLION TO $30 MILLION
    * NET LOSS FOR Q4 OF FISCAL 2022 IS EXPECTED NOT TO EXCEED
$8.0
MILLION, OR $0.28 PER SHARE
    * SEES Q4 NON-GAAP NET LOSS IS EXPECTED NOT TO EXCEED $6.0
MILLION, OR $0.21 PER SHARE
    * Q3 EARNINGS PER SHARE VIEW $-0.25, REVENUE VIEW $24.0
MILLION --
REFINITIV IBES DATA
    * Q4 EARNINGS PER SHARE VIEW $-0.17, REVENUE VIEW $30.7
MILLION --
REFINITIV IBES DATA

Source text for Eikon:  ID:nGNXbyBsQ6 
Further company coverage:  AMSC.O 
 ((Reuters.Briefs@thomsonreuters.com;))