AmpliTech Group, Inc. (Nasdaq: AMPG, AMPGW) has reported preliminary, unaudited revenue of nearly $11 million for the second quarter of fiscal year 2025, ending on June 30, 2025. This result marks a significant milestone for the company, driven largely by its 5G Open Radio Access Network $(ORAN)$ product line, which accounted for approximately 75% of the total revenue. The company's AGTGSS division played a crucial role in this achievement, reflecting AmpliTech's strong market presence in the ORAN infrastructure space. The company's founder and CEO, Fawad Maqbool, highlighted the solid momentum in the 5G ORAN systems business and the successful conversion of strategic opportunities into meaningful revenue. The results align with the multi-million-dollar Letters of Intent (LOIs) announced earlier in the year, and AmpliTech expects the positive trend to continue through the remainder of 2025 and into 2026. AmpliTech continues to focus on top-line revenue growth, with significant investments made in scaling operations and expanding its ORAN product portfolio to meet market demand. The company's strategy emphasizes strengthening its customer base and achieving consistent revenue levels, with a view towards transitioning to sustained profitability once operational efficiencies are fully realized.
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