AmpliTech's shares jumped 19% after reporting substantial revenue growth and a sharp gross margin expansion that outpaced expectations, with no adjustments to full-year guidance despite supply chain headwinds.
- Revenue increased 48.6% year-over-year to $5.35 million, reflecting strong demand across key product lines.
- Gross margin improved notably to 48% from 33% a year ago, driven by operational leverage and commercialization advances.
- Net loss narrowed by 17.3% to $1.52 million, signaling progress toward profitability.
- Balance sheet strengthened with cash and marketable securities rising to $18.4 million and working capital improving to $25.4 million.
- Company maintained full-year revenue guidance, acknowledging potential shifts in timing due to external supply chain and geopolitical factors but remains confident in long-term growth prospects.
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