AmpliTech Group (NASDAQ:AMPG) Posts Quarterly Earnings Results, Misses Estimates By $0.20 EPS

AmpliTech Group (NASDAQ:AMPG) released its quarterly earnings results on Monday. The company reported ($0.32) EPS for the quarter, missing the consensus estimate of ($0.12) by ($0.20), Zacks reports. The firm had revenue of $1.85 million for the quarter, compared to analysts’ expectations of $3.00 million. AmpliTech Group had a negative net margin of 68.09% and a negative return on equity of 35.34%.

AmpliTech Group Stock Performance

Shares of AMPG opened at $1.48 on Wednesday. The stock has a fifty day moving average price of $1.83 and a 200-day moving average price of $1.68. AmpliTech Group has a 12 month low of $0.64 and a 12 month high of $6.43. The firm has a market cap of $29.00 million, a PE ratio of -1.82 and a beta of -1.21. The company has a current ratio of 4.91, a quick ratio of 1.98 and a debt-to-equity ratio of 0.02.

About AmpliTech Group

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.