Brief: Amplitech Q2 Revenue Rose 55% To $1.0M Driven By Expanding Sales Efforts And Growing Demand For Its Low Noise Signal Amplifiers That Enhance Satellite, Telecom (5G) And Other Communications Quarter-End Cash & Securities Of $28.7M
Aug 16 (Reuters) - Amplitech Group Inc AMPG.O :
* AMPLITECH Q2 REVENUE ROSE 55% TO $1.0M DRIVEN BY EXPANDING
SALES
EFFORTS AND GROWING DEMAND FOR ITS LOW NOISE SIGNAL AMPLIFIERS
THAT ENHANCE SATELLITE, TELECOM (5G) AND OTHER COMMUNICATIONS;
QUARTER-END CASH & SECURITIES OF $28.7M
* Q2 LOSS PER SHARE $0.05
* Q2 REVENUE ROSE 55 PERCENT TO $1.024 MILLION
Source text for Eikon: ID:nGNX2ZsWjM
Further company coverage: AMPG.O
((Reuters.Briefs@thomsonreuters.com;))
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