Tuesday, February 2, 2010

American Superconductor FY Q3 Beats, But Stock Slides (AMSC; GRID)

Mystery/history? The stock was recently trading down 8.08% at $36.54.
From Tech Trader Daily:
American Superconductor (AMSC), a play on the wind energy market, this morning posted revenue for its fiscal third quarter ended December 31 of $80.7 million, up 95% from a year ago, and ahead of the Street at $76.7 million. The company posted non-GAAP profits of 20 cents a share, beating the Street by six cents....MORE
Previously:
Oct 29, 2009
American Superconductor Lifts Guidance; Stock Soars (AMSC)

Nov 12, 2009
Transmission: "Superconductors to Wire a Smarter Grid" (AMSC; PNM)

Nov 17, 2009
First Trust Rolls Out Electric-Grid-Linked ETF (GRID)

Nov 18, 2009
American Superconductor Discounting Contract Wins (AMSC)

Dec 23, 2009
Transmission: "An Electric 'Game Changer' Gets FERC Scrutiny " (AMSC; GRID; PNM)