AMSC Announces $26 Million of New Energy Power System Orders
American Superconductor Corporation (AMSC)
Last american superconductor corporation earnings: 2/5 04:05 pm
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US:NASDAQ Investor Relations:
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Source: GlobeNewswire
AYER, Mass., Jan. 24, 2023 (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 protect and expand the capability of our Navy’s fleet, today announced $26 million of new energy power systems orders. This includes orders for enclosed capacitor banks, harmonic filters, voltage controllers, rectifiers, D-VAR VVO® and transformers. Most of the revenue from these orders is expected to be recognized in fiscal year 2023. “Our Company is providing new energy power systems solutions for more industrial uses,” said Daniel P. McGahn, Chairman, President and CEO, AMSC. “These new energy power system solutions are used for industrial processes and manufacturing such as mining, metal extraction, metal processing, and chemical plants among others. Approximately two-thirds of today’s announced orders come from industrial uses and about one-fourth from renewable projects in
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AMSC
Earnings
- 1/24/24 - Beat
AMSC
Sec Filings
- 4/4/24 - Form 4
- 4/4/24 - Form 4
- 4/4/24 - Form 4
- AMSC's page on the SEC website