AMSC Expects FY24 Revenues Inclusive Of Its NWL Acquisition to Be $50M-$55M, Expects Positive Cash Generation Of $1M-$4M
Portfolio Pulse from Benzinga Newsdesk
AMSC projects its FY24 revenues, including the NWL acquisition, to be between $50M and $55M, with an expected positive cash generation of $1M to $4M.
September 10, 2024 | 12:12 pm
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POSITIVE IMPACT
AMSC anticipates FY24 revenues of $50M-$55M, factoring in the NWL acquisition, and expects to generate positive cash flow of $1M-$4M.
The revenue projection of $50M-$55M, including the NWL acquisition, suggests growth and potential market expansion. The positive cash generation forecast of $1M-$4M indicates financial stability and operational efficiency, likely boosting investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100