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American Superconductor: Fiscal Q2 Earnings Snapshot
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AYER, Mass. (AP) — AYER, Mass. (AP) — American Superconductor Corp. (AMSC) on Wednesday reported fiscal second-quarter net income of $3 million.

The Ayer, Massachusetts-based company said it had profit of 6 cents per share. Earnings, adjusted for one-time gains and costs, were 19 cents per share.

The wind turbine component maker posted revenue of $94 million in the period.

American Superconductor shares have dropped roughly 9% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $26.26, a decrease of 53% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AMSC at https://www.zacks.com/ap/AMSC

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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