AMSC Reports Q3 Earnings: $2.62 Per Share, Revenue Up

[Para 1: The Lead] American Superconductor Corp. (AMSC) reported a fiscal third-quarter net income of $117.8 million, equating to $2.62 per share. This marks a significant increase in earnings compared to the prior year, reflecting strong performance in the wind turbine component sector. [Para 2-3: Supporting details & Context] The company's revenue for the quarter was $74.5 million, showing growth. American Superconductor shares, however, have seen a decline of 4% since the start of the year. Despite this, the stock price rose 9% in the last 12 months, closing at $27.61 in the final trading session of the day. AMSC's financials indicate resilience and growth, despite market volatility.