Investing.com - Amplitech reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Amplitech announced earnings per share of $-0.005 on revenue of $5.43M. Analysts polled by Investing.com anticipated EPS of $-0.010 on revenue of $4.25M.
Amplitech shares are down 81% from the beginning of the year and are trading at $2.430 , down-from-52-week-high.
Amplitech shares gained 1.25% in after-hours trade the report.
Amplitech follows other major Information Technology sector earnings this month
Amplitech's report follows an earnings beat by Apple on Thursday, October 27, 2022, who reported EPS of $1.29 on revenue of $90.1B, compared to forecasts EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on Tuesday, October 25, 2022 with first quarter EPS of $2.35 on revenue of $50.1B, compared to forecast for EPS of $2.32 on revenue of $49.86B.
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