AMSC (Nasdaq: AMSC), a leading system provider of
megawatt-scale power resiliency solutions
that orchestrate the rhythm and harmony of power on the
grid™ and protect and expand the capability and
resiliency of our Navy’s fleet, today reported financial
results for its second quarter of fiscal year 2023 ended
September 30, 2023.
Revenues for the second quarter of fiscal 2023
were $34.0 million compared with $27.7 million for the same period
of fiscal 2022. The year-over-year increase was driven
primarily by higher new energy power systems and ship protection
systems revenues, as well as additional electrical control system
shipments, versus the year ago period.
AMSC’s net loss for the second quarter of fiscal
2023 was $2.5 million, or $0.09 per share, compared to a
net loss of $9.9 million, or $0.35 per share, for the same
period of fiscal 2022. The Company’s non-GAAP net income for
the second quarter of fiscal 2023 was less than
$0.1 million, or $0.00 per share, compared with a
non-GAAP net loss of $6.5 million, or $0.23 per share, in the
same period of fiscal 2022. Please refer to the financial table
below for a reconciliation of GAAP to non-GAAP results.
Cash, cash equivalents, and restricted cash
on September 30, 2023, totaled $24.0 million, compared with $23.1
million at June 30, 2023.
“Second quarter results exceeded our outlook. I
believe we are ahead of schedule. Strong demand from the markets we
serve drove higher revenue, improved margins, and a favorable
product mix. Consequently, these developments helped to generate
positive operating cash flow of nearly $1 million in the second
quarter. For the first time since 2010 we are
reporting non-GAAP net income,” said Daniel P. McGahn,
Chairman, President and CEO, AMSC. “During the second quarter we
booked over $37 million of new energy power systems across a number
of markets. We ended the quarter with over $128 million in 12-month
backlog. We are confident in our business’ performance as we move
into the third quarter and are focused on continuing to achieve
positive operating cash flow."
Business Outlook
For the third quarter ending December 31, 2023,
AMSC expects that its revenues will be in the range of
$33 million to $36 million. The Company’s net loss for
the third quarter of fiscal 2023 is expected not to exceed
$4.3 million, or $0.15 per share. The Company’s net
loss guidance assumes no changes in fair value of contingent
consideration. The Company's non-GAAP net loss (as defined
below) is expected not to exceed $2.5 million, or
$0.08 per share. The Company expects operating cash flow to be
breakeven to a positive cash generation of $2.0 million in the
third quarter of fiscal 2023. The Company expects cash, cash
equivalents, and restricted cash on December 31, 2023, to be
no less than $24 million.
Conference Call Reminder
In conjunction with this announcement, AMSC
management will participate in a conference call with investors
beginning at 10:00 a.m. Eastern Time on Thursday, November 2, 2023,
to discuss the Company’s financial results and business outlook.
Those who wish to listen to the live or archived conference call
webcast should visit the “Investors” section of the Company’s
website at https://ir.amsc.com. The live call can be
accessed by dialing 1-844-481-2802 or 1-412-317- 0675 and
asking to join the AMSC call. A replay of the call may be accessed
2 hours following the call by dialing 1-877-344-7529 and using
conference passcode 7719758.
About AMSC (Nasdaq: AMSC)AMSC
generates the ideas, technologies and solutions that meet the
world’s demand for smarter, cleaner … better energy™. Through its
Gridtec™ Solutions, AMSC provides the engineering planning services
and advanced grid systems that optimize network reliability,
efficiency and performance. Through its Marinetec™ Solutions, AMSC
provides ship protection systems and is developing
propulsion and power management solutions designed to help
fleets increase system efficiencies, enhance power quality and
boost operational safety. Through its Windtec® Solutions, AMSC
provides wind turbine electronic controls and systems, designs and
engineering services that reduce the cost of wind energy. The
Company’s solutions are enhancing the performance and reliability
of power networks, increasing the operational safety of navy
fleets, and powering gigawatts of renewable energy globally.
Founded in 1987, AMSC is headquartered near Boston, Massachusetts
with operations in Asia, Australia, Europe and North America. For
more information, please visit www.amsc.com.
AMSC, American Superconductor, D-VAR, D-VAR VVO,
Gridtec, Marinetec, Windtec, Neeltran, NEPSI, Smarter, Cleaner …
Better Energy, and Orchestrate the Rhythm and Harmony of Power
on the Grid are trademarks or registered trademarks of
American Superconductor Corporation. All other brand names, product
names, trademarks or service marks belong to their respective
holders.
Forward-Looking Statements
This press release contains forward-looking
statements within the meaning of Section 21E of the Securities
Exchange Act of 1934, as amended (the "Exchange Act"). Any
statements in this release regarding our goals and strategies,
including our goal of continuing to achieve positive cash
flow, market demand, and order pipeline; our expected
GAAP and non-GAAP financial results for the quarter ending
December 31, 2023; our expected cash generation during the
quarter ending December 31, 2023; our expected cash, cash
equivalents, and restricted cash balance on December 31, 2023;
functionality, performance and capabilities of our products,
systems and solutions; momentum, and other statements containing
the words "believes," "anticipates," "plans," "expects," "will" and
similar expressions, constitute forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. Such forward-looking statements represent management's
current expectations and are inherently uncertain. There are a
number of important factors that could materially impact the value
of our common stock or cause actual results to differ materially
from those indicated by such forward-looking statements. These
important factors include but are not limited to: We have a
history of operating losses, which may continue in the future. Our
operating results may fluctuate significantly from quarter to
quarter and may fall below expectations in any particular fiscal
quarter; We have a history of negative operating cash flows, and we
may require additional financing in the future, which may not be
available to us; We may be required to issue performance bonds or
provide letters of credit, which restricts our ability to access
any cash used as collateral for the bonds or letters of credit;
Changes in exchange rates could adversely affect our results of
operations; If we fail to maintain proper and effective internal
control over financial reporting, our ability to produce accurate
and timely financial statements could be impaired and may lead
investors and other users to lose confidence in our financial data;
We may not realize all of the sales expected from our backlog of
orders and contracts; Our contracts with the U.S. government are
subject to audit, modification or termination by the U.S.
government and include certain other provisions in favor of the
government. The continued funding of such contracts remains subject
to annual congressional appropriation, which, if not approved,
could reduce our revenue and lower or eliminate our profit; The
COVID-19 pandemic adversely impacted our business, financial
condition and results of operations and other future pandemics or
health crises may have similar impacts; Changes in U.S. government
defense spending could negatively impact our financial position,
results of operations, liquidity and overall business; We rely upon
third-party suppliers for the components and subassemblies of many
of our Grid and Wind products, making us vulnerable to supply
shortages and price fluctuations, which could harm our business;
Uncertainty surrounding our prospects and financial condition may
have an adverse effect on our customer and supplier relationships;
We have not manufactured our Amperium wire in commercial
quantities, and a failure to manufacture our Amperium wire in
commercial quantities at acceptable cost and quality levels would
substantially limit our future revenue and profit potential; Our
success is dependent upon attracting and retaining qualified
personnel and our inability to do so could significantly damage our
business and prospects; A significant portion of our Wind segment
revenues are derived from a single customer. If this customer's
business is negatively affected, it could adversely impact our
business; Our success in addressing the wind energy market is
dependent on the manufacturers that license our designs; Our
business and operations would be adversely impacted in the event of
a failure or security breach of our or any critical third parties
information technology infrastructure and networks; Failure to
comply with evolving data privacy and data protection laws and
regulations or to otherwise protect personal data, may adversely
impact our business and financial results; Many of our revenue
opportunities are dependent upon subcontractors and other business
collaborators; If we fail to implement our business strategy
successfully, our financial performance could be harmed; Problems
with product quality or product performance may cause us to incur
warranty expenses and may damage our market reputation and prevent
us from achieving increased sales and market share; Many of our
customers outside of the United States may be either directly or
indirectly related to governmental entities, and we could be
adversely affected by violations of the United States Foreign
Corrupt Practices Act and similar worldwide anti-bribery laws
outside the United States; We have had limited success marketing
and selling our superconductor products and system-level solutions,
and our failure to more broadly market and sell our products and
solutions could lower our revenue and cash flow; We may acquire
additional complementary businesses or technologies, which may
require us to incur substantial costs for which we may never
realize the anticipated benefits; We or third parties on whom we
depend may be adversely affected by natural disasters, including
events resulting from climate change, and our business continuity
and disaster recovery plans may not adequately protect us or our
value chain from such events; Adverse changes in domestic
and global economic conditions could adversely affect our operating
results; Our international operations are subject to risks that we
do not face in the United States, which could have an adverse
effect on our operation results; Our products face competition,
which could limit our ability to acquire or retain
customers. We have operations in, and depend on sales in,
emerging markets, including India, and global conditions could
negatively affect our operating results or limit our ability to
expand our operations outside of these markets. Changes in India’s
political, social, regulatory and economic environment may affect
our financial performance; Our success depends upon the commercial
adoption of the REG system, which is currently limited, and a
widespread commercial market for our products may not develop;
Industry consolidation could result in more powerful
competitors and fewer customers; The increasing focus on
environmental sustainability and social initiatives could increase
our costs, and inaction could harm our reputation and adversely
impact our financial results; Growth of the wind energy market
depends largely on the availability and size of government
subsidies, economic incentives and legislative programs designed to
support the growth of wind energy; Lower prices for other fuel
sources may reduce the demand for wind energy development, which
could have a material adverse effect on our ability to grow our
Wind business; The increasing focus on environmental sustainability
and social initiatives could increase our costs, and inaction could
harm our reputation and adversely impact our financial results; We
may be unable to adequately prevent disclosure of trade secrets and
other proprietary information; Our patents may not provide
meaningful protection for our technology, which could result in us
losing some or all of our market position; There are a number of
technological challenges that must be successfully addressed before
our superconductor products can gain widespread commercial
acceptance, and our inability to address such technological
challenges could adversely affect our ability to acquire customers
for our products; Third parties have or may acquire patents that
cover the materials, processes and technologies we use or may use
in the future to manufacture our Amperium products, and our success
depends on our ability to license such patents or other proprietary
rights; Our technology and products could infringe intellectual
property rights of others, which may require costly litigation and,
if we are not successful, could cause us to pay substantial damages
and disrupt our business; We face risks related to our legal
proceedings; We face risks related to our common stock; and
the other important factors discussed under the caption "Risk
Factors" in Part 1. Item 1A of our Form 10-K for the fiscal year
ended March 31, 2023, and our other reports filed with the SEC.
These important factors, among others, could cause actual results
to differ materially from those indicated by forward-looking
statements made herein and presented elsewhere by management from
time to time. Any such forward-looking statements represent
management's estimates as of the date of this press release. While
we may elect to update such forward-looking statements at some
point in the future, we disclaim any obligation to do so, even if
subsequent events cause our views to change. These forward-looking
statements should not be relied upon as representing our views as
of any date subsequent to the date of this press release.
UNAUDITED CONSOLIDATED STATEMENTS OF
OPERATIONS(In thousands, except per share
data) |
|
|
|
|
|
|
|
Three Months Ended |
|
|
Six Months Ended |
|
|
September 30, |
|
|
September 30, |
|
|
2023 |
|
|
2022 |
|
|
2023 |
|
|
2022 |
|
Revenues |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Grid |
$ |
28,515 |
|
|
$ |
25,698 |
|
|
$ |
54,251 |
|
|
$ |
45,527 |
|
Wind |
|
5,489 |
|
|
|
1,982 |
|
|
|
10,007 |
|
|
|
4,833 |
|
Total revenues |
|
34,004 |
|
|
|
27,680 |
|
|
|
64,258 |
|
|
|
50,360 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost of revenues |
|
25,418 |
|
|
|
25,710 |
|
|
|
49,390 |
|
|
|
46,169 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gross margin |
|
8,586 |
|
|
|
1,970 |
|
|
|
14,868 |
|
|
|
4,191 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating expenses: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Research and development |
|
1,641 |
|
|
|
2,314 |
|
|
|
3,493 |
|
|
|
4,992 |
|
Selling, general and administrative |
|
7,946 |
|
|
|
7,350 |
|
|
|
15,815 |
|
|
|
14,911 |
|
Amortization of acquisition-related intangibles |
|
538 |
|
|
|
688 |
|
|
|
1,076 |
|
|
|
1,369 |
|
Change in fair value of contingent consideration |
|
850 |
|
|
|
(290 |
) |
|
|
2,200 |
|
|
|
(120 |
) |
Restructuring |
|
(20 |
) |
|
|
- |
|
|
|
(14 |
) |
|
|
- |
|
Total operating expenses |
|
10,955 |
|
|
|
10,062 |
|
|
|
22,570 |
|
|
|
21,152 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating loss |
|
(2,369 |
) |
|
|
(8,092 |
) |
|
|
(7,702 |
) |
|
|
(16,961 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest income, net |
|
194 |
|
|
|
45 |
|
|
|
368 |
|
|
|
70 |
|
China dissolution |
|
- |
|
|
|
(1,921 |
) |
|
|
- |
|
|
|
(1,921 |
) |
Other income (expense),
net |
|
(204 |
) |
|
|
73 |
|
|
|
(321 |
) |
|
|
240 |
|
Loss before income tax expense
(benefit) |
|
(2,379 |
) |
|
|
(9,895 |
) |
|
|
(7,655 |
) |
|
|
(18,572 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income tax expense
(benefit) |
|
106 |
|
|
|
(14 |
) |
|
|
228 |
|
|
|
18 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net loss |
$ |
(2,485 |
) |
|
$ |
(9,881 |
) |
|
$ |
(7,883 |
) |
|
$ |
(18,590 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net loss per common share |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic |
$ |
(0.09 |
) |
|
$ |
(0.35 |
) |
|
$ |
(0.28 |
) |
|
$ |
(0.67 |
) |
Diluted |
$ |
(0.09 |
) |
|
$ |
(0.35 |
) |
|
$ |
(0.28 |
) |
|
$ |
(0.67 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted average number of
common shares outstanding |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic |
|
28,828 |
|
|
|
27,867 |
|
|
|
28,545 |
|
|
|
27,714 |
|
Diluted |
|
28,828 |
|
|
|
27,867 |
|
|
|
28,545 |
|
|
|
27,714 |
|
UNAUDITED CONSOLIDATED BALANCE SHEETS(In
thousands, except per share data) |
|
|
September 30, 2023 |
|
|
March 31, 2023 |
|
ASSETS |
|
|
|
|
|
|
|
Current assets: |
|
|
|
|
|
|
|
Cash and cash equivalents |
$ |
22,818 |
|
|
$ |
23,360 |
|
Accounts receivable, net |
|
27,509 |
|
|
|
30,665 |
|
Inventory, net |
|
47,835 |
|
|
|
36,986 |
|
Prepaid expenses and other current assets |
|
5,398 |
|
|
|
13,429 |
|
Restricted cash |
|
546 |
|
|
|
1,733 |
|
Total current assets |
|
104,106 |
|
|
|
106,173 |
|
|
|
|
|
|
|
|
|
Property, plant and equipment, net |
|
11,583 |
|
|
|
12,309 |
|
Intangibles, net |
|
7,445 |
|
|
|
8,527 |
|
Right-of-use assets |
|
2,493 |
|
|
|
2,857 |
|
Goodwill |
|
43,471 |
|
|
|
43,471 |
|
Restricted cash |
|
616 |
|
|
|
582 |
|
Deferred tax assets |
|
1,083 |
|
|
|
1,114 |
|
Other assets |
|
530 |
|
|
|
528 |
|
Total assets |
$ |
171,327 |
|
|
$ |
175,561 |
|
|
|
|
|
|
|
|
|
LIABILITIES AND
STOCKHOLDERS' EQUITY |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current liabilities: |
|
|
|
|
|
|
|
Accounts payable and accrued expenses |
$ |
28,949 |
|
|
$ |
38,383 |
|
Lease liability, current portion |
|
696 |
|
|
|
808 |
|
Debt, current portion |
|
57 |
|
|
|
75 |
|
Contingent consideration |
|
3,470 |
|
|
|
1,270 |
|
Deferred revenue, current portion |
|
52,093 |
|
|
|
43,572 |
|
Total current liabilities |
|
85,265 |
|
|
|
84,108 |
|
|
|
|
|
|
|
|
|
Deferred revenue, long term portion |
|
6,953 |
|
|
|
7,188 |
|
Lease liability, long term portion |
|
1,929 |
|
|
|
2,184 |
|
Deferred tax liabilities |
|
261 |
|
|
|
243 |
|
Debt, long-term portion |
|
- |
|
|
|
15 |
|
Other liabilities |
|
25 |
|
|
|
26 |
|
Total liabilities |
|
94,433 |
|
|
|
93,764 |
|
|
|
|
|
|
|
|
|
Stockholders' equity: |
|
|
|
|
|
|
|
Common stock |
|
307 |
|
|
|
299 |
|
Additional paid-in capital |
|
1,142,023 |
|
|
|
1,139,113 |
|
Treasury stock |
|
(3,639 |
) |
|
|
(3,639 |
) |
Accumulated other comprehensive income |
|
1,633 |
|
|
|
1,571 |
|
Accumulated deficit |
|
(1,063,430 |
) |
|
|
(1,055,547 |
) |
Total stockholders' equity |
|
76,894 |
|
|
|
81,797 |
|
Total liabilities and stockholders' equity |
$ |
171,327 |
|
|
$ |
175,561 |
|
UNAUDITED CONSOLIDATED STATEMENTS OF CASH
FLOWS(In thousands) |
|
|
Six Months Ended September 30, |
|
|
2023 |
|
|
2022 |
|
Cash flows from operating activities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net loss |
$ |
(7,883 |
) |
|
$ |
(18,590 |
) |
Adjustments to reconcile net loss to net cash used in
operations: |
|
|
|
|
|
|
|
Depreciation and amortization |
|
2,234 |
|
|
|
2,799 |
|
Stock-based compensation expense |
|
2,468 |
|
|
|
2,052 |
|
Provision for excess and obsolete inventory |
|
1,070 |
|
|
|
1,015 |
|
Deferred income taxes |
|
- |
|
|
|
63 |
|
Change in fair value of contingent consideration |
|
2,200 |
|
|
|
(120 |
) |
China dissolution |
|
- |
|
|
|
1,921 |
|
Other non-cash items |
|
273 |
|
|
|
(137 |
) |
Changes in operating asset and liability accounts: |
|
|
|
|
|
|
|
Accounts receivable |
|
3,152 |
|
|
|
(92 |
) |
Inventory |
|
(11,935 |
) |
|
|
(13,749 |
) |
Prepaid expenses and other assets |
|
8,378 |
|
|
|
211 |
|
Accounts payable and accrued expenses |
|
(9,763 |
) |
|
|
6,885 |
|
Deferred revenue |
|
8,458 |
|
|
|
6,170 |
|
Net cash used in operating activities |
|
(1,348 |
) |
|
|
(11,572 |
) |
|
|
|
|
|
|
|
|
Cash flows from investing
activities: |
|
|
|
|
|
|
|
Purchase of property, plant and equipment |
|
(430 |
) |
|
|
(560 |
) |
Change in other assets |
|
(10 |
) |
|
|
(99 |
) |
Net cash used in investing
activities |
|
(440 |
) |
|
|
(659 |
) |
|
|
|
|
|
|
|
|
Cash flows from financing
activities: |
|
|
|
|
|
|
|
Repayment of debt |
|
(33 |
) |
|
|
(33 |
) |
Proceeds from exercise of employee stock options and ESPP |
|
136 |
|
|
|
128 |
|
Net cash provided by financing activities |
|
103 |
|
|
|
95 |
|
|
|
|
|
|
|
|
|
Effect of exchange rate
changes on cash |
|
(10 |
) |
|
|
4 |
|
|
|
|
|
|
|
|
|
Net decrease in cash, cash
equivalents and restricted cash |
|
(1,695 |
) |
|
|
(12,132 |
) |
Cash, cash equivalents and
restricted cash at beginning of period |
|
25,675 |
|
|
|
49,486 |
|
Cash, cash equivalents and
restricted cash at end of period |
$ |
23,980 |
|
|
$ |
37,354 |
|
RECONCILIATION OF GAAP NET LOSS TO NON-GAAP NET INCOME
(LOSS)(In thousands, except per share
data) |
|
|
Three Months Ended September 30, |
|
|
Six Months Ended September 30, |
|
|
2023 |
|
|
2022 |
|
|
2023 |
|
|
2022 |
|
Net loss |
$ |
(2,485 |
) |
|
$ |
(9,881 |
) |
|
$ |
(7,883 |
) |
|
$ |
(18,590 |
) |
China dissolution |
|
- |
|
|
|
1,921 |
|
|
|
- |
|
|
|
1,921 |
|
Stock-based compensation |
|
1,111 |
|
|
|
1,019 |
|
|
|
2,468 |
|
|
|
2,052 |
|
Amortization of
acquisition-related intangibles |
|
538 |
|
|
|
688 |
|
|
|
1,082 |
|
|
|
1,400 |
|
Change in fair value of
contingent consideration |
|
850 |
|
|
|
(290 |
) |
|
|
2,200 |
|
|
|
(120 |
) |
Non-GAAP net income
(loss) |
$ |
14 |
|
|
$ |
(6,542 |
) |
|
$ |
(2,133 |
) |
|
$ |
(13,337 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Non-GAAP net income (loss) per
share - basic |
$ |
0.00 |
|
|
$ |
(0.23 |
) |
|
$ |
(0.07 |
) |
|
$ |
(0.48 |
) |
Weighted average shares
outstanding - basic |
|
28,828 |
|
|
|
27,867 |
|
|
|
28,545 |
|
|
|
27,714 |
|
Reconciliation of Forecast GAAP Net Loss to Non-GAAP Net
Loss(In millions, except per share
data) |
|
|
|
Three Months Ending |
|
December 31, 2023 |
Net loss |
$ |
(4.3 |
) |
Stock-based compensation |
|
1.3 |
|
Amortization of
acquisition-related intangibles |
|
0.5 |
|
Non-GAAP net loss |
$ |
(2.5 |
) |
Non-GAAP net loss per
share |
$ |
(0.08 |
) |
Shares outstanding |
|
29.5 |
|
|
|
|
|
Note: Non-GAAP net loss is defined by the Company as net
loss before; China dissolution; stock-based compensation;
amortization of acquisition-related intangibles; change in
fair value of contingent consideration; other non-cash or unusual
charges, and the tax effect of adjustments calculated at the
relevant rate for our non-GAAP metric. The Company believes
non-GAAP net loss and non-GAAP net loss per share
assist management and investors in comparing the Company’s
performance across reporting periods on a consistent basis by
excluding these non-cash, non-recurring or other charges that it
does not believe are indicative of its core operating
performance. Actual GAAP and non-GAAP net loss for the fiscal
quarter ending December 31, 2023, including the above
adjustments, may differ materially from those forecasted in the
table above, including as a result of changes in the fair
value of contingent consideration. Generally, a non-GAAP financial
measure is a numerical measure of a company's performance,
financial position or cash flow that either excludes or includes
amounts that are not normally excluded or included in the most
directly comparable measure calculated and presented in accordance
with GAAP. The non-GAAP measure included in this release,
however, should be considered in addition to, and not as a
substitute for or superior to, operating income or other measures
of financial performance prepared in accordance with GAAP. A
reconciliation of GAAP to non-GAAP net loss is set forth in the
table above.
AMSC ContactsInvestor Relations Contact:LHA
Investor RelationsCarolyn Capaccio(212) 838-3777amscIR@lhai.com
AMSC Senior Communications Manager:Nicol
Golez978-399-8344Nicol.Golez@amsc.com
American Superconductor (NASDAQ:AMSC)
Historical Stock Chart
From May 2024 to Jun 2024
American Superconductor (NASDAQ:AMSC)
Historical Stock Chart
From Jun 2023 to Jun 2024