AmpliTech Group (NASDAQ:AMPG) Issues Quarterly Earnings Results

Key Points

• AmpliTech Group reported a quarterly EPS of ($0.09), missing the consensus estimate of ($0.07) by ($0.02), with a negative net margin of 77.94%.
• The company's shares traded down to $3.55, with a significant trading volume of 2,679,422 shares compared to an average of 640,670.
• Wall Street Zen upgraded AmpliTech Group from a "sell" to a "hold" rating, indicating a shift in analyst sentiment towards the stock.

AmpliTech Group (NASDAQ:AMPG - Get Free Report) announced its earnings results on Thursday. The company reported ($0.09) earnings per share for the quarter, missing the consensus estimate of ($0.07) by ($0.02), Zacks reports. AmpliTech Group had a negative net margin of 77.94% and a negative return on equity of 29.49%. AmpliTech Group updated its FY 2025 guidance to EPS.

AmpliTech Group Price Performance

Shares of AMPG traded down $0.11 during midday trading on Thursday, reaching $3.55. The stock had a trading volume of 2,679,422 shares, compared to its average volume of 640,670. AmpliTech Group has a 52 week low of $0.64 and a 52 week high of $6.43. The firm's 50 day moving average price is $2.53 and its 200-day moving average price is $2.07. The company has a market capitalization of $73.02 million, a P/E ratio of -5.14 and a beta of -1.00.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised AmpliTech Group from a "sell" rating to a "hold" rating in a research note on Thursday, May 22nd.

Institutional Trading of AmpliTech Group

An institutional investor recently raised its position in AmpliTech Group stock. Geode Capital Management LLC lifted its position in AmpliTech Group, Inc. (NASDAQ:AMPG - Free Report) by 3.0% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 167,569 shares of the company's stock after buying an additional 4,811 shares during the period. Geode Capital Management LLC owned approximately 0.81% of AmpliTech Group worth $355,000 at the end of the most recent reporting period. 10.99% of the stock is currently owned by institutional investors.

AmpliTech Group Company Profile

AmpliTech Group, Inc designs, engineers, and assembles micro-wave component-based amplifiers. The company's products include radio frequency (RF) amplifiers and related subsystems, such as low noise amplifiers for use in receivers of various communication systems comprising Wi-Fi, radar, satellite, base station, cell phone, radio, etc.; and medium power amplifiers that provide enhanced output power and gain in transceiver chains.

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