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American Superconductor | 10-Q: Q2 2025 Earnings Report

American Superconductor | 10-Q: Q2 2025 Earnings Report

美国超导 | 10-Q:2025财年二季报
美股SEC公告 ·  2024/10/31 04:17

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American Superconductor Corporation reported a 60% increase in total revenues to $54.5 million for Q2 fiscal 2024, driven by strong performance in both Grid and Wind segments. Grid revenues rose 65% to $46.9 million, while Wind revenues increased 37% to $7.5 million. Gross margin improved to 29% from 25% in the prior year period.The company achieved net income of $4.9 million in Q2, compared to a net loss of $2.5 million last year. This improvement was attributed to higher revenues, improved gross margins, and a favorable tax benefit. Non-GAAP net income reached $10.0 million or $0.27 per share, up from breakeven in Q2 fiscal 2023.American Superconductor completed the acquisition of Megatran Industries for $61.4 million on August 1, 2024, expanding its Grid business capabilities. The company ended the quarter with $74.8 million in cash, cash equivalents and restricted cash. Management remains focused on growth opportunities in power grid solutions and wind turbine technologies.
American Superconductor Corporation reported a 60% increase in total revenues to $54.5 million for Q2 fiscal 2024, driven by strong performance in both Grid and Wind segments. Grid revenues rose 65% to $46.9 million, while Wind revenues increased 37% to $7.5 million. Gross margin improved to 29% from 25% in the prior year period.The company achieved net income of $4.9 million in Q2, compared to a net loss of $2.5 million last year. This improvement was attributed to higher revenues, improved gross margins, and a favorable tax benefit. Non-GAAP net income reached $10.0 million or $0.27 per share, up from breakeven in Q2 fiscal 2023.American Superconductor completed the acquisition of Megatran Industries for $61.4 million on August 1, 2024, expanding its Grid business capabilities. The company ended the quarter with $74.8 million in cash, cash equivalents and restricted cash. Management remains focused on growth opportunities in power grid solutions and wind turbine technologies.
美国超导公司报告2024财政第二季度总收入增长60%,达5450万美元,主要得益于电网和风能部门的强劲表现。电网收入增长65%,达到4690万美元,而风能收入增加37%,达到750万美元。毛利率从上年同期的25%提高至29%。该公司在第二季度实现净利润490万美元,相较于去年净亏损250万美元。此次改善归因于更高的收入、改善的毛利率和有利的税收利益。非GAAP净利润达到1000万美元或每股0.27美元,较2023财政第二季度的盈亏平衡有所上升。美国超导于2024年8月1日以6140万美元完成对Megatran Industries的收购,扩展其电网业务能力。公司在本季度结束时持有7480万美元的现金、现金等价物和限制性现金。管理层仍然专注于电力电网解决方案和风力涡轮机技术的增长机会。
美国超导公司报告2024财政第二季度总收入增长60%,达5450万美元,主要得益于电网和风能部门的强劲表现。电网收入增长65%,达到4690万美元,而风能收入增加37%,达到750万美元。毛利率从上年同期的25%提高至29%。该公司在第二季度实现净利润490万美元,相较于去年净亏损250万美元。此次改善归因于更高的收入、改善的毛利率和有利的税收利益。非GAAP净利润达到1000万美元或每股0.27美元,较2023财政第二季度的盈亏平衡有所上升。美国超导于2024年8月1日以6140万美元完成对Megatran Industries的收购,扩展其电网业务能力。公司在本季度结束时持有7480万美元的现金、现金等价物和限制性现金。管理层仍然专注于电力电网解决方案和风力涡轮机技术的增长机会。
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