American Superconductor Corporation (AMSC) experienced a sharp decline of 7.00% in after-hours trading on Wednesday, following the release of its fourth-quarter financial results.
The company reported strong Q4 performance, with non-GAAP earnings per share of $0.31, significantly exceeding the FactSet consensus estimate of $0.19. Revenue for the quarter reached $86.4 million, also beating analyst expectations of $82.1 million.
However, the stock plunged as the company issued guidance for the first quarter of fiscal 2026 that fell short of market expectations. American Superconductor forecast adjusted EPS to exceed $0.17 and revenue to surpass $85 million, while analysts were anticipating $0.22 per share and $87.1 million in revenue, respectively.
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