Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $6.78 USD
Change Today -0.2201 / -3.14%
Volume 157.5K
AMSC On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 3:20 PM 04/28/15 All times are local (Market data is delayed by at least 15 minutes).

american superconductor corp (AMSC) Snapshot

Open
$6.98
Previous Close
$7.00
Day High
$6.98
Day Low
$6.65
52 Week High
07/29/14 - $21.50
52 Week Low
01/22/15 - $5.67
Market Cap
91.9M
Average Volume 10 Days
415.7K
EPS TTM
$-8.69
Shares Outstanding
13.6M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for AMERICAN SUPERCONDUCTOR CORP (AMSC)

american superconductor corp (AMSC) Related Businessweek News

No Related Businessweek News Found

american superconductor corp (AMSC) Details

American Superconductor Corporation provides megawatt-scale solutions worldwide. The company operates in two segments, Wind and Grid. The Wind segment enables manufacturers to field wind turbines; provides a range of power electronics and software-based control systems, which are integrated and designed for optimized performance, efficiency, and grid compatibility; designs and develops onshore and offshore wind turbines; licenses its engineered wind turbine designs; and offers customer support services to wind turbine manufactures. This segment provides its products and services under the Windtec Solutions brand. The Grid segment offers products and services that enable electric utilities and renewable energy project developers to connect, transmit, and distribute power under the Gridtec Solutions brand. It provides transmission planning services that identify power grid congestion, poor power quality, and other risks; grid interconnection solutions for wind farms and solar power plants, power quality systems, and transmission and distribution cable systems; D-VAR systems that offer reactive power to stabilize voltage on the grid, as well as to connect wind farms and solar power plants to the power grid; and D-SVC systems that maintain steady line voltages adjacent to inductive loads, such as motors, welders, arc furnaces, and pipeline pumping stations. This segment also offers resilient electric grid systems that provide protection against the calamitous effects; standalone fault current limiters, which act as surge protectors for the power grid; and degaussing ship protection systems that reduce a naval ship’s magnetic signature. The company has strategic alliance with LS Cable, Nexans, Siemens, and Vestas to develop and commercialize its products. American Superconductor Corporation was founded in 1987 and is headquartered in Devens, Massachusetts.

303 Employees
Last Reported Date: 02/5/15
Founded in 1987

american superconductor corp (AMSC) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $500.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $312.0K
Executive Vice President of Operations
Total Annual Compensation: $295.0K
Compensation as of Fiscal Year 2013.

american superconductor corp (AMSC) Key Developments

AMSC Provides Revenue Guidance for the Fourth Quarter and Full Year Ended March 31, 2015

AMSC provided revenue guidance for the fourth quarter and full year ended March 31, 2015. For the fourth quarter of fiscal year 2014, the company expects its revenues will be in the range of $24-$25 million, the upper end of its previously guided range. For the full fiscal year 2014, the company expects its revenues to be in the range of $69 to $70 million.

AMSC Announces U.S. Navy's Intention to Order High Temperature Superconductor (HTS) Equipment

AMSC announced that the U.S. Navy created a sole source solicitation notice for AMSC's high temperature superconductor (HTS) equipment. The contract is expected after April 28, 2015. Additionally, AMSC has established a relationship with the Navy to develop HTS power cable hardware for ship board power applications. For the past several years, AMSC and the Navy have collaborated on AMSC's advanced HTS degaussing system. The core components of the degaussing system are transferable to other applications being targeted for ship implementation. AMSC is continuing its work to expand HTS technology into the fleet through a variety of applications for power, propulsion, and protection equipment. AMSC refers to its HTS-based products for the Navy as Ship Protection Systems. AMSC's Ship Protection Systems, such as degaussing systems, reduce the magnetic signature of a ship, which can interfere with undersea mines' ability to detect and damage the ship. AMSC has worked with the U.S. Navy to develop and qualify a lighter weight, more power efficient HTS version of this degaussing system. HTS is an enabling technology for advanced degaussing systems on platforms with weight and power limitations. These systems require significantly less power to operate and can reduce the overall degaussing system weight by 50-70%. AMSC has been working jointly with the Navy Metal Working Center of Excellence to optimize manufacturing costs associated with HTS degaussing cables. During the course of this Manufacturing Technology (ManTech) program, the cable making process has been streamlined and is expected to meet the delivery and cost targets associated with full ship production. The manufacturing infrastructure developed under the ManTech program has been transitioned to AMSC's Devens facility.

American Superconductor Corporation Announces Amendment to the Certificate of Incorporation

American Superconductor Corporation held a Special Meeting of Stockholders on March 18, 2015, at which the Company's stockholders voted to approve a series of five separate amendments to the Company's Restated Certificate of Incorporation, as amended (the Restated Certificate), to effect a reverse stock split of the Company's common stock at ratios of 1-for-8, 1-for-9, 1-for-10, 1-for-11, and 1-for-12, respectively, such ratio to be determined by the Board of Directors, and to decrease the number of authorized shares of the Company's common stock to 75,000,000 shares, subject to the Board of Directors' authority to abandon such amendment. The Company's Board of Directors approved the amendment to the Restated Certificate with a 1-for-10 reverse stock split ratio and abandoned all other amendments to the Restated Certificate previously approved by the Board of Directors and the stockholders.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
AMSC:US $6.78 USD -0.2201

AMSC Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Ahlstrom OYJ €7.80 EUR +0.09
Mersen €24.47 EUR -0.13
Northern Power Systems Corp C$0.70 CAD +0.01
Superconductor Technologies Inc $1.18 USD +0.01
Vacon Oyj €33.56 EUR 0.00
View Industry Companies
 

Industry Analysis

AMSC

Industry Average

Valuation AMSC Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.0x
Price/Book 0.8x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.8x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact AMERICAN SUPERCONDUCTOR CORP, please visit www.amsc.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.