NetworkNewsBreaks – AmpliTech Group Inc. (NASDAQ
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Posted On: 09/13/2021 3:47:23 PM
NetworkNewsBreaks – AmpliTech Group Inc. (NASDAQ: AMPG) Achieves Significant YOY Increases in Revenue, Gross Profits
AmpliTech Group (NASDAQ: AMPG), a state-of-the-art radio frequency (“RF”) signal component developer, has seen growing attention to its IP for satellite and 5G communications networks following its Nasdaq uplisting this year and its more recent inclusion on the Russell Microcap Index. “The company reported growth in its year-over-year and sequential quarterly revenues and gross profits when it released Q2 financial figures for the period ending June 30,” reads a recent article discussing AmpliTech’s performance. “The company also recently reported a Q2 2021 revenue of $1,024,410 signifying a 55% increase from Q2’20 revenue of $660,699. AmpliTech’s gross profits rose 52.5% to $344,623 in Q2’21 compared to $225,988 in Q2’20. Additionally, the company’s 2021 Q2 results showed record bookings and a record $2.45M backlog (defined as contractually obligated purchase orders with a deadline for delivery).”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
AmpliTech Group (NASDAQ: AMPG), a state-of-the-art radio frequency (“RF”) signal component developer, has seen growing attention to its IP for satellite and 5G communications networks following its Nasdaq uplisting this year and its more recent inclusion on the Russell Microcap Index. “The company reported growth in its year-over-year and sequential quarterly revenues and gross profits when it released Q2 financial figures for the period ending June 30,” reads a recent article discussing AmpliTech’s performance. “The company also recently reported a Q2 2021 revenue of $1,024,410 signifying a 55% increase from Q2’20 revenue of $660,699. AmpliTech’s gross profits rose 52.5% to $344,623 in Q2’21 compared to $225,988 in Q2’20. Additionally, the company’s 2021 Q2 results showed record bookings and a record $2.45M backlog (defined as contractually obligated purchase orders with a deadline for delivery).”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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