AMSC’s revenues for the second quarter of fiscal 2017 were US$ 11.0 million, compared with US$ 18.5 million for the same period of fiscal 2016. Revenues in both the wind and grid segments decreased year-over-year.
AMSC's net loss for the second quarter of fiscal 2017 was US$ 7.3 million compared to US$ 7.3 million for the same period of fiscal 2016. For the third quarter ending December 31, 2017, AMSC expects that its revenues will be in the range of US$ 14.0 million to US$ 18.0 million. The Company's net loss for the third quarter of fiscal 2017 is expected to be less than US$ 8.0 million.