American Superconductor (NASDAQ: AMSC) reported Q1 CY2026 revenue of $86.41 million, up 29.6% year over year, beating Wall Street expectations, according to the company. Non-GAAP profit was $0.30 per share, 55.2% above consensus. Next-quarter revenue guidance midpoint was $85 million. Management cited strong demand in grid and data center markets, while noting near-term margin pressure from acquisition integration and capacity investments.
Premarket movers included Dollar Tree, up more than 11%, after Q1 adjusted EPS of $1.74 vs $1.53 expected, revenue and guidance beats, and a DoorDash delivery partnership. Snowflake jumped nearly 37% on Q1 adjusted EPS of 39 cents and revenue of $1.39B vs $1.32B expected, plus a plan to spend $6B on AWS over five years.
American Superconductor (NASDAQ:AMSC) reported quarterly EPS of $0.30, above the $0.19 consensus estimate, and revenue of $86.41 million versus $82.10 million expected, according to FiscalAI. Shares fell $0.44 to $52.68 on Wednesday. Institutional investors own 52.28%. Zacks downgraded AMSC to “hold.”
