AMSC ASA - First quarter 2023 results
Lysaker, 24 May 2023, AMSC ASA (“AMSC” or the “Company”) announces results for the first quarter ending 31 March 2023. HIGHLIGHTS · Bareboat revenue for Q1 2023 of USD 30.3 million and adjusted net profit of USD 5.8 million · Contracted backlog of U.S. Jones Act bareboat revenue of USD 304.8 million with average weighted tenor of 3.3 years · Contracted backlog of Offshore bareboat revenue of USD 137.9 million with 4.6 years tenor · Declared Q1 2023 dividend of USD 0.12 per share AMSC CEO, Pål Lothe Magnussen comments, “Q1 represented our first full quarter with three of