Gold prices dip as December rate cut bets wane; economic data in focus
HAUPPAUGE, N.Y. - AmpliTech Group, Inc. (NASDAQ:AMPG) saw its shares jump 8% after reporting third-quarter revenue that more than doubled YoY and exceeded analyst expectations, while significantly narrowing its losses.
AmpliTech’s stock rose 8% following the release of the better-than-expected results.
The signal processing components manufacturer posted revenue of $6.09 million for the quarter ended September 30, 2025, representing a 115% increase from $2.83 million in the same period last year and surpassing the analyst consensus of $5.1 million. The company reported a net loss of -$0.01 per share, beating analyst estimates of -$0.02 per share and showing substantial improvement from the -$0.12 per share loss recorded in Q3 2024.
Gross profit more than doubled to $2.96 million, with gross margins improving to 48.6% from 47.5% in the prior-year period.
"Q3 marked a pivotal inflection point for AmpliTech as we ensured we will finish our FY 2025 with company record revenues and delivered triple-digit revenue growth," said Fawad Maqbool, CEO of AmpliTech Group.
The company raised its full-year 2025 revenue guidance to at least $25 million, representing a 160% YoY increase over fiscal 2024. Looking further ahead, AmpliTech projects positive cash flow from operations and profitability in fiscal 2026, with revenue expected to reach at least $50 million, effectively doubling its projected 2025 performance.
AmpliTech ended the quarter with $11.9 million in cash, cash equivalents, and accounts receivables, with zero long-term debt and working capital of $14 million as of September 30, 2025.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
