* Amplitech Group Inc reported a quarterly adjusted loss of 12 cents per share for the quarter ended September 30. The lone analyst forecast for the quarter was for a loss of 16 cents per share.
* Revenue fell 16.3% to $2.83 million from a year ago; analysts expected $2.70 million.
* Amplitech Group Inc's reported EPS for the quarter was a loss of 12 cents.
* The company reported a quarterly loss of $1.19 million.
* Amplitech Group Inc shares had risen by 15.3% this quarter and lost 52.2% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 366.7% in the last three months.
* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the communications & networking peer group is also "buy"
Wall Street's median 12-month price target for Amplitech Group Inc is 5.00 This summary was machine generated from LSEG data November 15 at 02:05 p.m. UTC. 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) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2024 -0.16 -0.12 Beat
Jun. 30 2024 -0.12 -0.16 Missed
Mar. 31 2024 -0.10 -0.14 Missed
Dec. 31 2023 -0.09 -0.06 Beat
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