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American Superconductor Corp  (AMSC)
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Price: $25.9200 $-0.42 -1.595%
Day's High: $27.38 Week Perf: 17.44 %
Day's Low: $ 25.43 30 Day Perf: 78.88 %
Volume (M): 1,347 52 Wk High: $ 27.38
Volume (M$): $ 34,919 52 Wk Avg: $10.74
Open: $26.05 52 Wk Low: $5.25



 Market Capitalization (Millions $) 778
 Shares Outstanding (Millions) 30
 Employees 354
 Revenues (TTM) (Millions $) 145
 Net Income (TTM) (Millions $) -11
 Cash Flow (TTM) (Millions $) 67
 Capital Exp. (TTM) (Millions $) 1

American Superconductor Corp

American Superconductor Corporation was founded on April 9, 1987. We are a leading provider of megawatt-scale solutions that lower the cost of wind power and enhance the performance of the power grid. In the wind power market, we enable manufacturers to field highly competitive wind turbines through our advanced power electronics products, engineering, and support services. In the power grid market, we enable electric utilities, industrial facilities, and renewable energy project developers to connect, transmit and distribute power through our transmission planning services and power electronics, and superconductor-based products. Our wind and power grid products and services provide exceptional reliability, security, efficiency, and affordability to our customers.

Our wind and power grid solutions help to improve energy efficiency, alleviate power grid capacity constraints and increase the adoption of renewable energy generation. Demand for our solutions is driven by the growing needs for renewable sources of electricity, such as wind and solar energy, and for modernized smart grids that improve power reliability, security, and quality. Concerns about these factors have led to increased spending by corporations as well as supportive government regulations and initiatives on local, state and national levels, including renewable portfolio standards, tax incentives, and international treaties. We estimate that today’s total annual addressable global market for our wind and grid solutions exceeds $6 billion.


We segment our operations into two market-facing business units: Wind and Grid. We believe this market-centric structure enables us to more effectively anticipate and meet the needs of wind turbine manufacturers, power generation project developers and electric utilities.

Wind. Through our Windtec Solutions™, our Wind business segment enables manufacturers to field wind turbines with exceptional power output, reliability, and affordability. We supply advanced power electronics and control systems, license our highly engineered wind turbine designs, and provide extensive customer support services to wind turbine manufacturers. Our design portfolio includes a broad range of drive trains and power ratings of 2 megawatts (“MW”) and higher. We provide a broad range of power electronics and software-based control systems that are highly integrated and designed for optimized performance, efficiency, and grid compatibility.

Grid. Through our Gridtec Solutions™, our Grid business segment enables electric utilities and renewable energy project developers to connect, transmit and distribute power with exceptional efficiency, reliability, security and affordability. We provide transmission planning services that allow us to identify power grid congestion, poor power quality, and other risks, which help us determine how our solutions can improve network performance. These services often lead to sales of our grid interconnection solutions for wind farms and solar power plants, power quality systems and transmission and distribution cable systems. We also sell ship protection products to the U.S. Navy.

Building on these competitive strengths, we plan to focus on driving revenue growth and enhancing our operating results through the objectives defined below.

Provide Solutions from Power Generation to Delivery. From the generation source to the distribution system, we focus on providing best-in-class engineering, support services, technologies and solutions that make the world’s power supplies smarter, cleaner and stronger.

Focus on “Megawatt-Scale” Power Offerings. Our research, product development, and sales efforts focus on megawatt-scale offerings ranging from designs of power electronics for large wind turbine platforms to systems that stabilize power flows, integrate renewable power into the grid and carry power to and from transmission and distribution substations.

Pursue Emerging Overseas Markets and Serve Key Markets Locally. We focus our sales efforts on overseas markets that are investing aggressively in renewable energy and power grid projects, and we have been particularly successful in targeting key Asian markets, including India and China. As part of our strategy, we serve our key target markets with local sales and field service personnel, which enables us to understand market dynamics and more effectively anticipate customer needs while also reducing response time. We currently serve target markets such as Australia, China, India, South Africa, the United Kingdom, and the United States.

Product Innovation. We have a strong record of developing unique solutions for megawatt-scale power applications and will continue our focus on investing in innovation. Recently, our product development efforts have included our Resilient Electric Grid (“REG”) system for the electricity grid and ship protection systems for the U.S. Navy.



   Company Address: 114 East Main Street Ayer 1432 MA
   Company Phone Number: 842-3000   Stock Exchange / Ticker: NASDAQ AMSC
   


Customers Net Income fell by AMSC's Customers Net Profit Margin fell to

-10.18 %

9.58 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
MWA   -2.43%    
NPO   -1.66%    
PH   -3.27%    
BA   -3.77%    
GD        0.39% 
GE        1.81% 
• View Complete Report
   



Contract

AMSC Lands $75 Million Naval Contract Amid Complex Market Dynamics

Published Wed, Jun 12 2024 12:00 PM UTC

AMSC Secures Major Contract Amid Mixed Financial Landscape By | CSIMarket.com American Superconductor Corp (AMSC) has achieved a significant milestone by securing a $75 million contract to supply its proprietary ship protection system for multiple Canadian Surface Combatant ships. This development represents a key expansion in AMSC?s naval defense offerings and a strategi...

Stock Market Announcement

American Superconductor Corporation Prices Public Offering to Boost Power Resiliency Solutions

Published Wed, Jan 31 2024 1:46 PM UTC



In a recent press release, American Superconductor Corporation (AMSC) announced the pricing of its underwritten public offering of common stock. As a leading system provider of megawatt-scale power resiliency solutions, AMSC plays a vital role in maintaining grid stability and enhancing the Navys fleet's capability and resiliency. The offering, consisting of 5,400,...

Stock Market Announcement

American Superconductor Corp Harnesses Market Momentum with Proposed Public Offering, Propelling Growth Strategy

Published Tue, Jan 30 2024 9:02 PM UTC

AMSC Announces Proposed Public Offering of Common Stock
AYER, Mass., Jan. 30, 2024 - American Superconductor Corporation (Nasdaq: AMSC), a leading system provider of megawatt-scale power resiliency solutions, has recently announced its plans to offer and sell shares of its common stock in an underwritten public offering. The company also intends to grant the underwriters...

Contract

American Superconductor Corp Faces Revenue Reductions Amidst Changing Wind Energy Market in India

Published Tue, Jan 16 2024 1:00 PM UTC

American Superconductor Corp (AMSC) has recently received orders from Inox Wind for wind turbine electrical control systems to cater to the rapidly growing onshore wind market in India. Despite this positive development, AMSC's corporate clients have experienced a reduction in their costs of revenue. This article will analyze the implications of these facts and assess their ...






 

American Superconductor's Segments
 
 
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  Company Estimates  
  Revenue Outlook
American Superconductor does not provide revenue guidance.

Earnings Outlook
American Superconductor Corp does not provide earnings estimates.

 
Geographic Revenue Dispersion




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