AMSC will release Q3 fiscal 2024 results on February 5, 2025, followed by a conference call on February 6.
Quiver AI Summary
AMSC, a provider of megawatt-scale power resiliency solutions, announced that it will release its third-quarter fiscal year 2024 financial results on February 5, 2025, after market close. The company will hold a conference call for investors and analysts on February 6 at 10:00 a.m. Eastern Time to discuss its recent achievements, financial results, and future outlook. Interested parties can access the call live or in replay on AMSC's website or by phone. AMSC specializes in engineering planning and advanced systems for grid reliability and efficiency, as well as ship protection and wind energy solutions. The company is headquartered near Boston, Massachusetts, and operates globally. For further details, visit AMSC's website.
Potential Positives
- AMSC plans to release its third-quarter fiscal year 2024 financial results, which could provide insights into its financial performance and business trajectory.
- Management will participate in a conference call to discuss recent accomplishments, financial results, and business outlook, indicating transparency and engagement with investors.
- The conference call allows for real-time interaction and feedback from investors and analysts, fostering better investor relations.
Potential Negatives
- The announcement of the upcoming financial results and investor call may indicate that the company is not currently meeting financial expectations or has significant information to disclose, which could create uncertainty among investors.
- There is no mention of specific accomplishments or positive achievements in the press release, which may be interpreted as a lack of progress or a warning sign regarding the company's operations or financial health.
- The timing of the financial results release after market close may lead to negative speculation or reactions from investors, especially if they anticipate poor results based on the lack of positive context provided in the press release.
FAQ
When will AMSC release its Q3 financial results for 2024?
AMSC plans to release its third quarter fiscal year 2024 financial results after market close on February 5, 2025.
What details will be discussed in the AMSC conference call?
AMSC management will discuss recent accomplishments, financial results, and the business outlook during the February 6, 2025 conference call.
How can I access the AMSC conference call?
You can access the live call by dialing 1-844-481-2802 or 1-412-317-0675, starting 15 minutes before the call.
Where can I find the AMSC conference call webcast?
The conference call webcast can be found in the “Investors” section of the AMSC website at https://www.amsc.com.
What solutions does AMSC provide for energy management?
AMSC offers Gridtec™ Solutions for grid optimization, Marinetec™ for ship protection, and Windtec® for wind turbine controls.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$AMSC Insider Trading Activity
$AMSC insiders have traded $AMSC stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $AMSC stock by insiders over the last 6 months:
- JOHN W JR KOSIBA (SVP, CFO & Treasurer) sold 50,000 shares for an estimated $1,414,095
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$AMSC Hedge Fund Activity
We have seen 94 institutional investors add shares of $AMSC stock to their portfolio, and 85 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MACQUARIE GROUP LTD added 995,566 shares (+inf%) to their portfolio in Q3 2024, for an estimated $23,495,357
- NUVEEN ASSET MANAGEMENT, LLC added 744,687 shares (+260.7%) to their portfolio in Q3 2024, for an estimated $17,574,613
- AWM INVESTMENT COMPANY, INC. removed 434,788 shares (-20.2%) from their portfolio in Q3 2024, for an estimated $10,260,996
- MORGAN STANLEY removed 429,011 shares (-53.2%) from their portfolio in Q3 2024, for an estimated $10,124,659
- D. E. SHAW & CO., INC. removed 396,844 shares (-61.0%) from their portfolio in Q3 2024, for an estimated $9,365,518
- VANGUARD GROUP INC added 339,558 shares (+16.3%) to their portfolio in Q3 2024, for an estimated $8,013,568
- LEGAL & GENERAL GROUP PLC added 335,945 shares (+6207.4%) to their portfolio in Q3 2024, for an estimated $7,928,302
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
AYER, Mass., Jan. 30, 2025 (GLOBE NEWSWIRE) -- AMSC ® (NASDAQ: AMSC), a leading system provider of megawatt-scale power resiliency solutions that orchestrate the rhythm and harmony of power on the grid™ and protect and expand the capability of our Navy’s fleet, announced today that it plans to release its third quarter fiscal year 2024 financial results after the market close on Wednesday, February 5, 2025. In conjunction with this announcement, AMSC management will participate in a conference call with investors and covering analysts beginning at 10:00 a.m. Eastern Time on Thursday, February 6, 2025. On this call, management will discuss the Company’s recent accomplishments, financial results, and business outlook.
Those who wish to listen to the live or archived conference call webcast should visit the “Investors” section of the Company’s website at https://www.amsc.com . The live call can be accessed 15 minutes prior to the scheduled start time by dialing 1-844-481-2802 or 1-412-317-0675 and asking to join the AMSC call.
A replay of the call may be accessed 2 hours following the call by dialing 1-877-344-7529 and using conference passcode 9514460.
About AMSC (Nasdaq: AMSC)
AMSC generates the ideas, technologies and solutions that meet the world’s demand for smarter, cleaner … better energy™. Through its Gridtec™ Solutions, AMSC provides the engineering planning services and advanced grid systems that optimize network reliability, efficiency and performance. Through its Marinetec™ Solutions, AMSC provides ship protection systems and is developing propulsion and power management solutions designed to help fleets increase system efficiencies, enhance power quality and boost operational safety. Through its Windtec ® Solutions, AMSC provides wind turbine electronic controls and systems, designs and engineering services that reduce the cost of wind energy. The Company’s solutions are enhancing the performance and reliability of power networks, increasing the operational safety of navy fleets, and powering gigawatts of renewable energy globally. Founded in 1987, AMSC is headquartered near Boston, Massachusetts with operations in Asia, Australia, Europe and North America. For more information, please visit www.amsc.com .
©2024 AMSC. AMSC, American Superconductor, NEPSI, Neeltran, D-VAR, D-VAR VVO, Amperium, Gridtec, Marinetec, Windtec, Orchestrate the Rhythm and Harmony of Power on the Grid and Smarter, Cleaner … Better Energy are trademarks or registered trademarks of American Superconductor Corporation. All other brand names, product names, trademarks, or service marks belong to their respective holders.
AMSC Contacts | |
AMSC Director of Communications: | Investor Relations Contact: |
Nicol Golez | Alliance Advisors IR |
Phone: 978-399-8344 | Carolyn Capaccio, CFA |
[email protected] | Phone: 212-838-3777 |
[email protected] |