American Superconductor Q2 Sales $34.00M Beat $30.40M Estimate
Portfolio Pulse from mahesh@benzinga.com
American Superconductor (NASDAQ:AMSC) reported Q2 sales of $34.00 million, beating the analyst consensus estimate of $30.40 million by 11.86 percent. This represents a 22.85 percent increase over sales of $27.68 million in the same period last year.
November 01, 2023 | 9:17 pm
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POSITIVE IMPACT
American Superconductor's Q2 sales exceeded analyst estimates by 11.86%, and increased 22.85% YoY. This positive financial performance could potentially boost investor confidence and the stock's short-term price.
American Superconductor's Q2 sales beat analyst estimates and showed a significant YoY increase. This positive financial performance often leads to increased investor confidence, which can drive up the stock's short-term price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100