American Superconductor (AMSC) Message Board

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Technology Stocks : American Superconductor (AMSC)

AMSC 38.87

+6.3%

Nov 7 9:30 AM EST

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To: Peter V who wrote (626)	5/10/2008 1:00:40 PM
From: Peter V	Read Replies (1) of 973

American Superconductor expects to beat 2008 estimates Thursday May 8, 10:06 am ET American Superconductor expects smaller 2008 loss than Wall Street forecasts DEVENS, Mass. (AP) -- Energy equipment supplier American Superconductor Corp. said Thursday it expects a smaller fiscal 2008 loss than Wall Street expects. It forecast a net loss of $9 million or 21 cents per share, to $12 million or 28 cents per share. It also expects 2008 sales in the range of $165 million to $175 million. Analysts polled by Thomson Financial expect a loss of 36 cents per share on sales of $153.3 million. Analysts typically exclude one-time costs and gains. Shares in the Devens, Mass.-based company rose 18.1 percent to $29.14 in morning trading.

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