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Volatile American Superconductor (AMSC +11.9%) jumps after beating FQ1 EPS forecasts. Guidance...
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Thursday, August 2, 2012, 10:28 AM ETVolatile American Superconductor (AMSC +11.9%) jumps after beating FQ1 EPS forecasts. Guidance appears ugly at first glance - AMSC forecasts FQ2 revenue of $20M+ and EPS of -$0.33 or more, below a consensus of $30M and -$0.21 - but expectations have fallen for the maker of superconductors and wind turbine components, and roughly a fifth of its float is shorted.
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