NASDAQ$AMSC

American Superconductor Corporation · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

AMSC reported Q4 revenues of $66.7 million and net income of $1.2 million.

AMSC achieved record quarterly revenues of $66.7 million in Q4 fiscal 2024, up 59% year-over-year, driven by Grid segment growth and the NWL acquisition. The company posted its third consecutive quarter of GAAP profitability with net income of $1.2 million and non-GAAP net income of $4.8 million. Full-year revenues reached $222.8 million with positive operating cash flow of $6.3 million in the quarter.

  • Q4 revenues grew 59% YoY to $66.7 million with Grid segment contributing $55.6 million.
  • Achieved GAAP net income of $1.2 million ($0.03 EPS) and non-GAAP net income of $4.8 million ($0.13 EPS).
  • Full year revenues increased 53% to $222.8 million and net income reached $6.0 million.
  • Ended fiscal 2024 with $85.4 million in cash and cash equivalents and record backlog of nearly $320 million.

Headline financials

Total Revenue

$66.7M

Previous: $42M+58.6%
EPS (adj)

$0.13

Previous: $0.06+116.7%
Stock-based compensation expense

$2.86M

No prior period
Amortization of acquisition intangibles

$706K

Previous: $538K+31.2%
Change in fair value of contingent consideration

$0.00

Previous: $1.87M-100.0%
Net Income

$1.21M

Previous: -$1.58M+176.4%
Operating Income

$1.65M

Previous: -$2.23M+174.2%
Gross Profit

$17.7M

Previous: $10.4M+69.6%
Cash & Equivalents

$79.5M

Previous: $90.5M-12.2%
Total Assets

$311M

Previous: $233M+33.4%

Revenue & EPS history

AMSC · Revenue · Quarterly

$66.7M

Q4 2024+58.6%vs Q4 2023
Beat estimate in 7 of 12 quarters(58%)
ActualEstimate

Revenue by segment

AMSC · $66.7M total across 2 segments · Q4 2024

  • Grid
    $55.6M+62.5%
  • Wind
    $11.1M+41.5%

Forward guidance

For Q1 ending June 30, 2025, AMSC expects revenues of $64-68 million, GAAP net income exceeding $1.0 million ($0.03 EPS), and non-GAAP net income exceeding $4.0 million ($0.10 EPS).

Tailwinds

  • Strong sequential revenue momentum continuing into FY2025
  • Third consecutive quarter of GAAP profitability
  • Record year-end orders of nearly $320 million

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

+0.4%

Avg return

Earnings day

+3.4%

Avg return

5 days after

+4.3%

Avg return

30 days after

49%

31 / 63 earnings

Positive

+32.1%

Q3 2023

Best reaction

-38.5%

Q2 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025
Q3 2026-8.0%-4.0%-7.7%
Q2 2025-38.5%-40.6%-45.4%
Q2 2026+5.6%-34.4%-42.3%
Q1 2025-1.1%-8.2%-12.6%
Q1 2026+1.1%+27.7%+14.8%
Q4 2024+4.2%+13.2%+25.7%
Q3 2025+3.4%-9.4%-10.6%
Q2 2024+1.8%+12.3%+41.4%
Q1 2024-8.3%-2.1%-7.9%
Q4 2023+9.5%+33.2%+48.1%
Q3 2023+32.1%+36.0%+28.0%
Q2 2023+15.9%+23.6%+56.0%
Q1 2023+11.3%+15.7%-7.4%
Q4 2022+29.8%+53.3%+47.6%
Q3 2022-1.3%+17.5%-1.1%
Q2 2022-19.7%-17.7%-12.6%
Q4 2021+18.4%+12.9%-9.0%
Q3 2021-8.9%-9.0%-8.3%
Q2 2021-2.3%-9.1%-31.8%
Q1 2021-7.1%+1.0%+5.0%
Q4 2020-15.3%+6.9%+15.3%
Q1 2020+12.7%+18.6%+19.5%
Q4 2019-6.1%+3.4%+1.6%
Q3 2019+16.2%+14.9%+11.4%
Q2 2019-2.2%-3.6%-8.5%
Q1 2019+14.5%+7.9%+2.0%
Q4 2018-16.1%-17.0%-2.7%
Q3 2018+8.0%+12.1%+13.8%
Q2 2018+23.8%+21.5%+43.4%
Q1 2018+14.4%+12.4%+26.0%
Q4 2017-6.6%-5.8%-17.1%
Q3 2017-11.8%-15.1%-0.8%
Q2 2017-12.4%-13.8%-24.8%
Q1 2017+9.3%+7.0%+38.1%
Q4 2016+2.2%-1.7%+8.7%
Q3 2016-3.6%-5.4%-14.6%
Q2 2016+8.6%+22.9%+26.0%
Q1 2016-22.9%-27.4%-21.4%
Q4 2015-11.4%-17.1%-19.2%
Q3 2015-1.2%
Q2 2015-15.6%
Q1 2015-8.7%
Q4 2014-4.5%
Q3 2014+2.7%
Q2 2014+6.2%
Q1 2014-14.5%
Q4 2013+2.2%
Q3 2013+7.7%
Q2 2013-8.5%
Q1 2013-2.7%
Q4 2012-13.2%
Q3 2012+11.3%
Q2 2012-4.1%
Q1 2012+13.0%
Q3 2010+4.3%
Q4 2009+4.3%
Q4 2011+4.3%
Q3 2011-0.7%
Q2 2011+2.3%
Q2 2010+2.3%
Q1 2011-0.5%
Q1 2010-0.5%
Q4 2010-0.5%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro