AYER, Mass. (AP) — AYER, Mass. (AP) — American Superconductor Corp. (AMSC) on Wednesday reported fiscal fourth-quarter profit of $4.5 million.
The Ayer, Massachusetts-based company said it had profit of 10 cents per share. Earnings, adjusted for one-time gains and costs, came to 30 cents per share.
The wind turbine component maker posted revenue of $86.4 million in the period.
For the year, the company reported profit of $133.8 million, or $3.05 per share. Revenue was reported as $299.2 million.
American Superconductor shares have increased 83% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $52.68, a rise of 92% in the last 12 months.
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