Amsc reports fourth quarter and fiscal year 2023 financial results and provides business outlook

Business highlights: full year revenues increased over 37% year over year to $145.6 million full year gross margin expansion of 1,620 basis points over the prior year generated $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").
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