AmpliTech Group, Inc. provided earnings guidance for the first quarter of 2022. The company currently expects Q1'22 revenue of about $4.8 million versus $0.5 million in Q1'21. The increase reflects a full quarter's benefit of the Spectrum Semiconductor operations acquired late in Q4'21, as well as growth in Low Noise amplifier (LNA) deliveries.

AmpliTech expects an operating loss in Q1'22 as it continues to invest in its MMIC and 5G solutions and completes its move into the Company's new headquarters and production facility.