Guerrilla RF Q1 revenue rises 48% on catalog growth
GUERRILLA RF INC GUER | 0.00 |
Overview
U.S. RF semiconductor maker's Q1 revenue rose 48% yr/yr, driven by catalog business
Gross margin expanded to 69.9%, up about 880 basis points yr/yr on higher volumes and mix
Operating loss narrowed to near breakeven as cost management reduced expenses 22% yr/yr
Outlook
Guerrilla RF enters Q2 with $8.8 mln product backlog and improved cost structure
Company aims to convert design wins into recurring revenue and expand margins in 2026
Guerrilla RF targets full-year operating profitability in 2026
Result Drivers
CATALOG BUSINESS GROWTH - Revenue growth was driven by a 207% increase in catalog business, reflecting conversion of design wins and broad-based demand
FAVORABLE PRODUCT MIX - Gross margin expansion was attributed to higher volumes and a shift toward higher-margin catalog products
COST MANAGEMENT - Operating expenses fell 22% yr/yr due to disciplined cost controls across all functions
Company press release: ID:nBw3SR3KFa
Key Details
Metric |
Beat/Miss |
Actual |
Consensus Estimate |
Q1 Revenue |
|
$6.50 mln |
|
Q1 Gross Margin |
|
69.90% |
|
Q1 Operating Income |
|
-$46,000 |
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