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AmpliTech Group reports Q1 EPS (9c) vs. (48c) last year

Reports Q1 revenue $3.6M vs. $2.3M last year. Fawad Maqbool, CEO of AmpliTech, stated: “This quarter reflects a turning point in AmpliTech’s growth trajectory. In addition to securing the largest backlog in company history, we have substantially strengthened our intellectual property portfolio, including patents and certifications that enhance the underlying valuation of the company. Our FY2025 guidance confidently reflects this foundation, more than doubling last year’s revenue, while keeping expenses tightly managed.”

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