American Superconductor Corporation (AMSC) reported its fourth-quarter fiscal 2024 earnings with revenues of $66.7 million, up from $42.0 million in the same period of fiscal 2023. This year-over-year increase was driven by organic growth in New Energy Power Systems and additional contributions. The company posted an adjusted earnings per share (EPS) of $0.13, marking its third consecutive profitable quarter. AMSC also secured $75 million in new orders, ending the fiscal year with a backlog of $320 million and positive momentum heading into fiscal 2025. The results surpassed analyst expectations for both earnings and revenue, leading to a 3.3% rise in pre-market trading. Separately, EnerSys (ENS) reported its fourth-quarter fiscal 2025 results, posting adjusted EPS of $2.97 and revenues of $975 million, its second-highest quarterly sales ever, driven by strong performance in Motive Power, Defense, and Data Center markets.
$AMSC (+3.3% pre) American Superconductor (AMSC) Surpasses Q4 Earnings and Revenue Estimates https://t.co/2m9Sg2ffBt
American Superconductor, $AMSC, Q4-24. Results: 📊 Adj. EPS: $0.13 🟢 💰 Revenue: $66.7M 🟢 🔎 AMSC posted its third straight profitable quarter and secured $75M in new orders, finishing the year with a $320M backlog and strong momentum into FY2025.
EnerSys, $ENS, Q4-25. Results: 📊 Adj. EPS: $2.97 🟢 💰 Revenue: $975M 🟢 🔎 EnerSys posted its second-highest quarterly sales ever and record adjusted EPS, boosted by strong performance in Motive Power and continued momentum in Defense and Data Center markets.