How did AMPG's Q3 2024 EPS forecast compare to previous quarters?

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 quarters.

|code|Ticker|Name|Date|Diluted EPS YoY|Diluted EPS|market_code|
|---|---|---|---|---|---|---|
|AMPG|AMPG.O|AmpliTech Group|2024 Q1|-700|-0.48|186|
|AMPG|AMPG.O|AmpliTech Group|2024 Q2|-219.99999999999997|-0.16|186|
|AMPG|AMPG.O|AmpliTech Group|2024 Q3|-33.33333333333333|-0.12|186|

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 2024. 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 million.