Amplitech Group IncDeclined to reaffirm $50M revenue guidance, citing timing shifts in 5G program, despite Q2 revenue beat.

AmpliTech Group declined to reaffirm its prior $50 million full-year revenue guidance during its Q2 2026 earnings call, citing timing shifts in an international 5G program. CFO Louisa Sanfratello reported second quarter revenue of approximately $8.1 million, up 51% sequentially from $5.35 million, with gross margin improving to 27.9% from 7.8% a year earlier. The company posted an operating loss of approximately $3.2 million and a net loss of $3.09 million, while holding about $13 million in cash and marketable securities. CEO Fawad Maqbool outlined 2026 priorities including converting customer engagement into orders and increasing higher-margin product contribution, and management still expects meaningful year-over-year revenue growth and a stronger second half.
Amplitech Group IncDeclined to reaffirm $50M revenue guidance, citing timing shifts in 5G program, despite Q2 revenue beat.