AMSC Q4 revenue $42M, net loss $1.6M; FY2023 revenue $145.6M, non-GAAP net income $0.6M

AMERICAN SUPERCONDUCTOR CORP /DE/

2024-FY EPS reported -$0.37 revenue$145,639,000

Full-year revenue $145.6M, up 37% YoY; gross margin expanded 1,620 bps.
Q4 revenue $42.0M, up 32% YoY; non-GAAP net income $1.9M ($0.06/share) vs. loss of $7.8M.
Cash and restricted cash $92.3M; Q4 operating cash flow $2.1M.
Q1 FY2024 guidance: revenue $38-42M, net loss ≤$2.2M, operating cash flow breakeven to +$2M.
Board approved FY2024 executive incentive plan with CEO target $665,000 based on cash flow, revenue, expenses.

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