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AmpliTech Group Inc (AMPG)
NASDAQ:AMPG
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Earnings Data
Report Date
Mar 27, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
-$0.12Last Year’s EPS
-$0.04Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 12, 2024
|% Change Since: 122.47%
|Next Earnings Date:Mar 27, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed outlook. Despite facing significant revenue and profit declines due to global demand issues, AmpliTech has a strong cash position and is developing advanced 5G and cryogenic products with unique market advantages. The company expects significant future growth in these areas.Company Guidance
During the Q2 2024 earnings call, AmpliTech Group reported a revenue of $2.5 million and a gross profit of $1 million, resulting in a 42% gross profit margin despite challenging market conditions. The company experienced a $1.57 million loss due to decreased global demand, increased corporate expenses, and ongoing R&D efforts. AmpliTech's CEO, Fawad Maqbool, provided guidance, highlighting the company's focus on 5G and quantum computing markets, with a $130 million pipeline of opportunities and expectations for 5G to account for 75-80% of revenues by 2025. The company aims to leverage its unique technology in massive MIMO ORAN 5G radios and private 5G networks, projecting significant growth potential in satellite, wireless, and military sectors. AmpliTech also reported a healthy inventory of over $7 million in raw materials and finished goods, with cash and accounts receivable amounting to approximately $2.1 million as of June 30, 2024.Strong Cash Position
As of June 30, 2024, AmpliTech had cash, cash equivalents, and accounts receivable amounting to approximately $2.1 million and a working capital of nearly $10 million.
5G Product Development
AmpliTech is developing a full end-to-end private 5G licensed product solution with significant monetization opportunities. The 5G business is expected to account for 75% to 80% of revenues in 2025.
Unique Market Position
AmpliTech is the only U.S.-based massive MIMO ORAN 5G radio and network equipment provider, presenting a competitive edge against foreign vendors.
Cryogenic Power Supplies
AmpliTech released a line of cryogenic power supplies for the quantum computing industry, marking a significant competitive advantage as the only U.S.-based manufacturer of such products.
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AMPG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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AMPG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 12, 2024 | $0.89 | $0.89 | 0.00% |
| Aug 14, 2024 | $1.01 | $0.98 | -2.97% |
| May 15, 2024 | $2.18 | $2.16 | -0.92% |
| Apr 01, 2024 | $1.85 | $1.97 | +6.49% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does AmpliTech Group Inc (AMPG) report earnings?
AmpliTech Group Inc (AMPG) is schdueled to report earning on Mar 27, 2025, TBA Not Confirmed.
What is AmpliTech Group Inc (AMPG) earnings time?
AmpliTech Group Inc (AMPG) earnings time is at Mar 27, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AMPG EPS forecast?
AMPG EPS forecast for the fiscal quarter 2024 (Q4) is -$0.12.
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