AMSC Reports Fourth Quarter and Fiscal Year 2023 Financial Results and Provides Business Outlook
American Superconductor Corporation (AMSC)
Last american superconductor corporation earnings: 2/5 04:05 pm
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US:NASDAQ Investor Relations:
ir.amsc.com/investor-relations
Company Research
Source: GlobeNewswire
Business Highlights: Full year revenues increased over 37% year over year to $145.6 millionFull year gross margin expansion of 1,620 basis points over the prior yearGenerated $2.1 million of operating cash flow, helping to further strengthen the balance sheet Company to host conference call tomorrow, May 30 at 10:00 am ET AYER, Mass., May 29, 2024 (GLOBE NEWSWIRE) -- AMSC (Nasdaq: AMSC), a leading system provider of megawatt-scale power resiliency solutions that orchestrate the rhythm and harmony of power on the grid™, and that protect and expand the capability and resiliency of our Navy’s fleet, today reported financial results for its fourth quarter and fiscal year ended March 31, 2024 ("fiscal 2023"). Revenues for the fourth quarter of fiscal 2023 were $42.0 million compared with $31.7 million for the same period of fiscal 2022. The year-over-year increase was a result of both higher Grid segment revenues, primarily driven by strong new energy power system sales and h
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AMSC
Earnings
- 5/29/24 - Beat
AMSC
Sec Filings
- 6/20/24 - Form ARS
- 6/20/24 - Form DEFA14A
- 6/20/24 - Form DEF
- AMSC's page on the SEC website