AmpliTech Group's (AMPG) Q3 2024 EPS forecast of -$0.16 was below the Q2 2024 EPS of -$0.12, and the Q1 2024 EPS of -$0.48, indicating a trend of improving profitability over the past quarters12.
AMPG Diluted EPS YoY, Diluted EPS
However, when compared to the Q4 2023 EPS of $0.16, there is a significant decline, which suggests that despite improvements in previous quarters, the company experienced a setback in Q3 202431. The company's revenue for Q3 2024 was $2.53 million, which was lower than the Q2 2024 revenue of $4.01 million but higher than the Q1 2024 revenue of $2.29 million12.