Amsc 1Q22 schedule and more ?3

09:47 29-Jul-22

Amsc has scheduled the report on its fiscal first quarter for the evening of August 3rd.  The average of 4 analyst estimates comes to a loss of 24 cents per share from $24.3M of revenue, rising to $26.9M this quarter, but that probably doesn't reflect recent orders.  AMSC shares have rebounded from recent lows, possibly in belated recognition of that, but I'm still not expecting much from this report.  The anniversary of the ComEd installation is at the end of August.  Assuming good performance, the business should heat up more from then on, though it's always possible that an acquirer could swoop in first.

Those looking for actionable news can stop reading now, but eMagin has also scheduled its second quarter report for the morning of August 11th.  No analysts still cover the company.  I'll take a look and decide whether or not there's anything worth writing about.

Polestar investors should also note that the new (and better IMO) deal on vehicle tax credits would be a relative negative for the company in that it extends the credit to automakers who have already sold over 200K vehicles, unionized or not.  My personal experience is that Polestar offers a much better product than competitors, but leveling the price is still a powerful factor.  For the record, we should be getting our new Hyundai weeks earlier than expected, which speaks to the easing automotive environment that I referenced with MACom's results yesterday.

Last and least there's this 8-K filing from Orbital which documents the company's reincorporation from Colorado to Texas and OEG to OIG (Orbital Infrastructure Group).  Brokerages are not reflecting the ticker change yet, and I also have more important things to look into than whether this is simply a tax (and taxonomy) move or one that helps fend off a change in control triggered by the debt that management incurred with its acquisitions.  I still plan to get this symbol over to the public side and add new ones by year end.