American Superconductor Corp.

NASDAQ:AMSC   11:34:04 AM EDT
17.59
+0.02 (+0.11%)
Equity Investments, Other Pre-Announcement, Mergers / Acquisitions

AMSC Acquires Northeast Power Systems

Published: 10/05/2020 21:01 GMT
American Superconductor Corp (AMSC) - Amsc Accelerates Toward Profitability With the Acquisition of Northeast Power Systems, Inc.american Superconductor Corp - Paid $26 Million in Cash and Additionally Sellers Have Received 873,657 Restricted Shares of Amsc Common Stock.
American Superconductor Corp - Acquisition Expected to Be Accretive to Earnings per Share.
American Superconductor Corp - Expected to Generate Positive Operating Cash Flow in Third (december) Quarter of Fiscal 2020.
American Superconductor Corp - Expects Revenues to Be $22 Million-$25 Million in Preliminary Q3 Fiscal 2020.