Amplitech Group is trading 33.21% down in pre-market at $4.00 after its August 13 earnings release, as Q2 revenue reportedly missed the $13 million forecast.
- Q2 revenue rose 51% sequentially to $8.07 million.
- Net losses were approximately $3.09 million, with elevated investment spending.
- Management did not reaffirm its $50 million 2026 revenue target because international 5G shipment timing remains uncertain; follow-on orders and customer commitments remain intact, but delayed deployments appear to be driving the negative reaction.