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AMSC Reports Fourth Quarter and Fiscal Year 2023 Financial Results and Provides Business Outlook
AMSCAmerican Superconductor (AMSC) Newsfilter·2024-05-29 20:15

Business Highlights: Full year revenues increased over 37% year over year to 145.6 millionFullyeargrossmarginexpansionof1,620 basispointsovertheprioryearGenerated145.6 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 ...