AMSC Earnings Reports

AMSC delivered a strong second quarter in fiscal year 2025, with revenue increasing over 20% year-over-year to $65.9 million. The company achieved its fifth consecutive quarter of profitability, reporting a net income of $4.8 million and a non-GAAP net income of $8.9 million, alongside an expanded gross margin exceeding 30%.

AMSC delivered a solid performance in Q4 FY2024, achieving both revenue and net income growth, marking its third consecutive profitable quarter. The company secured substantial new orders and ended the year with a record backlog, positioning itself well for FY2025.

American Superconductor Corporation (AMSC) reported a substantial increase in revenues and net income for the three months ended December 31, 2024. Revenues rose by 56% to $61.4 million, and net income improved significantly to $2.5 million compared to a net loss in the prior year. This growth was primarily attributed to the acquisition of Megatran and increased shipments in both Grid and Wind segments.