AmpliTech Group Reports 2.8M revenue, 1.3M Gross profits, 47% Gross Margins
Amplitech Group, Inc. (AMPG)
NASDAQ:AMEX Investor Relations:
amplitechinc.com/about/investors
Company Research
Source: GlobeNewswire
HAUPPAUGE, N.Y., Nov. 15, 2024 (GLOBE NEWSWIRE) -- AmpliTech Group, Inc. (Nasdaq: AMPG, AMPGW), a designer, developer, and manufacturer of state-of-the-art signal processing components for satellite, Public and Private 5G, and other communications networks, including the design of complete 5G/6G systems and a global distributor of packages and lids for integrated circuits assembly, today announced its financial results for the third quarter ended September 30, 2024. Q3 2024 Highlights Revenue of $2.834 million, with gross profits of $1.347M (47.6%). Company increased its gross profit margin by about 5% from previous quarterly results, to 47.6% amidst inflationary pressures. Global demand continued to be a factor affecting the majority of our customers across all product lines. Semiconductor distribution sales also decreased due to softer international demand. Company reported a lower loss of $1.1M for Q3, in comparison to previously reported loss of $1.57M for Q2 2024. This qua
Show less
Read more
Impact Snapshot
Event Time:
AMPG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AMPG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AMPG alerts
High impacting Amplitech Group, Inc. news events
Weekly update
A roundup of the hottest topics
AMPG
News
- AmpliTech Group's AmpliTech Inc. Division Secures Initial Purchase Order Under 5-Year Basic Order Agreement With Fortune 1000 U.S. Company [Yahoo! Finance]Yahoo! Finance
- AmpliTech Group's AmpliTech Inc. Division Secures Initial Purchase Order Under 5-Year Basic Order Agreement With Fortune 1000 U.S. CompanyGlobeNewswire
- AmpliTech Group Reports 2.8M revenue, 1.3M Gross profits, 47% Gross Margins [Yahoo! Finance]Yahoo! Finance
- AmpliTech Group's AmpliTech Inc Division Signs 5 Year BOA (Basic Order Agreement) With Fortune 1000 US Company For LNB Products [Yahoo! Finance]Yahoo! Finance
- AmpliTech Group’s AmpliTech Inc Division Signs 5 Year BOA (Basic Order Agreement) With Fortune 1000 US Company For LNB ProductsGlobeNewswire
AMPG
Analyst Actions
- 9/16/24 - Maxim Group
AMPG
Sec Filings
- 11/14/24 - Form 10-Q
- 10/22/24 - Form DEFR14A
- 10/21/24 - Form DEFA14A
- AMPG's page on the SEC website