American Superconductor Corp Q3 2024 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Eric Stine - Craig Hallum - Analyst : Hi Daniel. Hi John.

Question: Eric Stine - Craig Hallum - Analyst : Morning. So you mentioned a deep pipeline, obviously, you've got the backlog of $300 million plus has grown pretty substantially. Is there any way you can give more detail to, the description deep pipeline, whether it's, trying to quantify it how it's grown, over the last year or two and with the new acquisitions.

Question: Eric Stine - Craig Hallum - Analyst : Got it. And I mean, obviously, I would think it's, it's magnitudes larger than your current backlog. I mean, is it fair to say that with these acquisitions, it increased by a factor of, whatever the number is two X three X.

Question: Eric Stine - Craig Hallum - Analyst : Got it. Okay, great color. Maybe last one for me, just on the wind side, you mentioned the orders received in this quarter. And I know Inox obviously, three plus gigawatt backlog that you are exclusively supplying. I mean, how do you envision kind of this playing out going forward? I know if we look back a number of years, you kind of got a large order from Inox and then worked it off over time and now I know you're focused on getting paid. And so they've been smaller but more frequent. I mean, is that kind of how we should expect things playing out going forward?

Question: Eric Stine - Craig Hallum - Analyst : All right. Thank you. REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. FEBRUARY 06, 2025 / 3:00PM, AMSC.OQ - Q3 2024 American Superconductor Corp Earnings Call

Question: Colin Rusch - Oppenheimer - Analyst : Thanks so much guys. You know, if you start to digest some of the this growth, you know, there's and you know, just a question around capacity , and how you need to you know, capacitize the company to meet that, that demand and you know, what can we think about from an operating leverage perspective or manufacturing leverage perspective on that front?

Question: Colin Rusch - Oppenheimer - Analyst : Excellent. And then the second question is really around the pipeline of acquisition targets, you guys have, clearly demonstrated a nice job in digesting some of that that new capacity and integrating those businesses. But it looks to us like there's maybe, a half a dozen or a dozen potential incremental targets. How are you guys thinking about that inorganic growth opportunity and you know, the, augmenting the portfolio of offerings from here?

Question: Colin Rusch - Oppenheimer - Analyst : Guys.