Recent Updates — AMSC
On September 17, 2026, Barbara G. Littlefield resigned from the Board of Directors of American Superconductor Corporation, effective at 12 p.m. Eastern Time on September 18, 2026. The resignation was reported in a current report filed with the SEC on September 21, 2026. No successor director or specific reason for departure was disclosed in this filing. American Superconductor Corporation operates in the energy technology industry, specializing in superconducting magnets and power grid solutions.
American Superconductor Corporation reported first-quarter fiscal 2026 financial results for the period ended June 30, 2026. Revenue increased 30% year-over-year to a record $94.1 million, driven by organic growth and the acquisition of Comtrafo. The company reported net income of $9.5 million, or $0.21 per share, compared to $6.7 million in the prior year period. Total orders exceeded $130 million, supported by utility-sector mining developments, while operating cash flow nearly quadrupled to $16 million. For the second quarter ending September 30, 2026, management expects revenues to exceed $85.0 million and non-GAAP net income to exceed $8.0 million. Additionally, the company held its Annual Meeting of Stockholders on July 31, 2026, where shareholders re-elected seven directors and ratified the appointment of RSM US LLP as independent auditor. American Superconductor Corporation operates in the power electronics industry, providing grid systems, wind energy controls, and industrial process solutions.