Amplitech Group Inc reports results for the quarter ended in September - Earnings Summary

Amplitech

14/11/2022 17:01

* Amplitech Group Inc  AMPG.OQ  reported quarterly adjusted
earnings of 6 cents​​ per share for the quarter ended in
September. The mean expectation of two analysts for the quarter
was for a loss of 2 cents per share.
    * Revenue rose 414.7% to $5.44 million from a year ago;
analysts
expected $4.25 million. 
    * Amplitech Group Inc's reported EPS for the quarter was 6
cents​.
    * The mean earnings estimate of analysts had risen by
about 37.5%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Amplitech Group Inc shares had risen by 38.0% this
quarter and
lost 35.5% so far this year.
    * The company reported quarterly net income of $577
thousand.
    * Wall Street's median 12-month price target for Amplitech
Group
Inc is $6.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
14 at 05:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.02          0.06           Beat
 Jun. 30 2022      -0.05          -0.04          Beat
 Mar. 31 2022      -0.11          0.00           Beat
 Dec. 31 2021      -0.10          -0.28          Missed