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Data Center Grid Company's Profit Soars 150%, But Outlook Light

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03:50 PM ET 05/28/2026

American Superconductor (AMSC) posted accelerating sales growth for its most recent quarter and strong earnings growth, but the stock fell sharply as its outlook came in light. The electric grid resilience company reported March quarter revenue of $86.4 million, a year-over-year increase of 28%. That marked an acceleration from sales growth of 21% each of the two previous quarters. Earnings…