Recent Updates — AMSC
American Superconductor Corporation reported first-quarter fiscal 2026 financial results for the period ended June 30, 2026. Revenue increased 30% year-over-year to a record $94.1 million, driven by organic growth and the acquisition of Comtrafo. The company reported net income of $9.5 million, or $0.21 per share, compared to $6.7 million in the prior year period. Total orders exceeded $130 million, supported by utility-sector mining developments, while operating cash flow nearly quadrupled to $16 million. For the second quarter ending September 30, 2026, management expects revenues to exceed $85.0 million and non-GAAP net income to exceed $8.0 million. Additionally, the company held its Annual Meeting of Stockholders on July 31, 2026, where shareholders re-elected seven directors and ratified the appointment of RSM US LLP as independent auditor. American Superconductor Corporation operates in the power electronics industry, providing grid systems, wind energy controls, and industrial process solutions.