AmpliTech Gr Q2 EPS $(0.05) Down From $(0.04) YoY, Sales $4.10M Down From $4.58M YoY
Portfolio Pulse from Benzinga Newsdesk
AmpliTech Gr (NASDAQ:AMPG) reported a 25% increase in quarterly losses to $(0.05) per share from $(0.04) per share YoY. Sales also decreased by 10.56% to $4.10 million from $4.58 million YoY.
August 14, 2023 | 1:20 pm
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NEGATIVE IMPACT
AmpliTech Gr reported increased losses and decreased sales in Q2, which could negatively impact the stock price in the short term.
AmpliTech Gr's increased losses and decreased sales indicate a negative financial performance. This could lead to a decrease in investor confidence and a potential drop in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100