Amplitech Group Inc expected to post a loss of 16 cents a share - Earnings Preview

Reuters11-09

* Amplitech Group Inc is expected to show a fall in quarterly revenue when it reports results on November 12 (estimated) for the period ending September 30 2024

* The Hauppauge New York-based company is expected to report a 20.3% decrease in revenue to $2.7 million from $3.39 million a year ago, according to the estimate from one analyst, based on LSEG data.

* LSEG's mean analyst estimate for Amplitech Group Inc is for a loss of 16 cents per share.

* The one available analyst rating on the shares is "buy".

* The mean earnings estimate of analysts was unchanged in the last three months.

* Wall Street's median 12-month price target for Amplitech Group Inc is $5.00, above its last closing price of $0.95.

This summary was machine generated November 9 at 00:20 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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