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AMSC posts 30% revenue growth to $94M in Q1 FY2026, driven by utility and mining sectors.

Company Fundamentals
05 Aug 2026
GlobeNewsWire
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Bullish
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AMSC reported a 30% year-over-year revenue increase to $94.1 million in Q1 FY2026, fueled by organic growth and the Comtrafo acquisition. The company achieved record orders above $130 million, largely from utility-sector mining developments, and nearly quadrupled operating cash flow to $16 million. Net income rose to $9.5 million, though non-GAAP net income declined due to certain adjustments. AMSC expects Q2 revenues to exceed $85 million and plans to improve gross margins in the second half of the fiscal year, signaling strong growth prospects.

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