AmpliTech Group Reports 2.8M revenue, 1.3M Gross profits, 47% Gross Margins [Yahoo! Finance]
Amplitech Group, Inc. (AMPG)
NASDAQ:AMEX Investor Relations:
amplitechinc.com/about/investors
Company Research
Source: Yahoo! Finance
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 quarterly loss is attributable largely to a combination of lower global and domestic sales, an increase in corporate expenses and our conti
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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 MarginsGlobeNewswire
- 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