Amplitech Group Inc expected to post a loss of 9 cents a share - Earnings Preview

Amplitech

27/03/2024 13:03

* Amplitech Group Inc  AMPG.OQ   AMPG.O  is expected to show
a
fall in quarterly revenue when it reports  results on March 29
(estimated) for the period ending December 31 2023
    * The Hauppauge New York-based  company is expected to
report a
6.4% decrease in revenue to $4 million from $4.28 million a year
ago, according to the estimate from one analyst, based on LSEG
data.
    * ​LSEG's mean analyst estimate for Amplitech Group Inc is
for a
loss of 9 cents per share. 
    * The one available analyst rating on the shares is "buy".  
    * The average consensus recommendation for
the communications &
networking peer group is also "Buy".​
    * Wall Street's median 12-month price target for Amplitech
Group
Inc is $8.00​, above​ its last closing price of $1.94. ​​​

This summary was machine generated March 27 at 13:03 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)