GUERRILLA RF INC - GUER STOCK NEWS

Guerrilla RF (OTCQX: GUER) has reported a 125% year-over-year growth in its satellite communication business, primarily driven by direct-to-cellular satellite applications. The company's expansion addresses a significant market opportunity, with 400 million people currently lacking mobile network coverage. According to recent research, the global direct-to-cell market is projected to generate $30 million in commercial revenue by 2025, growing to $1.7 billion by 2029.

The company's RF solutions, including power amplifiers and low noise amplifiers, are important components in satellite constellations that enable global, high-speed cellular service. This technology helps bypass traditional terrestrial infrastructure, extending coverage to hard-to-reach areas. Analysys Mason forecasts the direct-to-cell market to reach $10 billion by 2035 with the addition of voice and data services.

Guerrilla RF (OTCQX: GUER) reported record Q3 2024 revenue of $4.5 million, up 34.4% year-over-year, driven by strong growth in Wireless Infrastructure products. Gross margin expanded to 65.3%, up 956 basis points from the prior year. The company closed a $22 million private placement and reduced its primary loan facility to $4.5 million. Operating loss improved to $2.6 million from $3.7 million year-over-year. The company expects 2024 revenue at the lower end of $20-25 million guidance range, with quarterly Adjusted EBITDA loss projected at around $1.8 million.

Guerrilla RF (OTCQX: GUER) has been named the 2024 Automotive Product of the Year Runner-Up at the Electronics Industry Awards, receiving 'Highly Commended' recognition. The company's new portfolio of Low Noise Amplifiers (LNAs) and Linear Power Amplifiers (PAs) was honored for enhancing telematics and in-vehicle cellular connectivity.

The award-winning entry showcased four AEC-Q100 qualified products used in cellular compensators: GRF2106W, GRF2133W, GRF5507W, and GRF5517W. These bi-directional, multi-band amplifiers improve cellular signal levels within vehicle cabins, enhancing range, signal fidelity, and connectivity. The recognition was announced at the Electronics Industry Awards ceremony on October 24, 2024.

Guerrilla RF (OTCQX: GUER) reported record Q2 2024 results with revenue of $6.1 million, a 61.7% increase year-over-year. Gross margin expanded by 631 basis points to 65.3%. The company closed a $22 million private placement, strengthening its financial position. Despite weakness in the Automotive Market, increased 5G deliveries drove growth. Revenue guidance for 2024 was reduced by 5% to $20.0-$25.0 million. Adjusted EBITDA loss narrowed to $0.5 million. The company released 12 new products and acquired a GaN device portfolio, expanding opportunities in telecom, radar, and industrial markets.

Guerrilla RF (OTCQX: GUER) reported record Q2 2024 results with revenue of $6.1 million, a 61.7% increase year-over-year. Gross margin expanded to 65.3%, up 631 basis points from the previous year. The company closed a $22 million private placement, strengthening its financial position.

Key highlights include:

• Operating loss reduced to $1.2 million from $3.4 million in Q2 2023
• Adjusted EBITDA loss narrowed to $0.5 million from $2.7 million
• 12 new products released into production
• Strategic acquisition of GaN device portfolio from Gallium Semiconductor

Despite weakness in the Automotive Market, increased 5G deliveries drove growth. The company revised its 2024 revenue guidance to $20-$25 million, a 5% reduction. Guerrilla RF remains focused on achieving sustainable positive EBITDA and operating cash flow.

Guerrilla RF, Inc. (OTCQX: GUER), a leading provider of RF and microwave semiconductors, has successfully closed a $22.0 million private placement with a single institutional investor. This significant capital injection is expected to strengthen the company's balance sheet and fund the advancement of its growth plan. CEO and Founder Ryan Pratt expressed confidence that this investment provides Guerrilla RF with the necessary resources to drive substantial growth. The transaction details were disclosed in a Form 8-K filing, highlighting the company's commitment to transparency and regulatory compliance. This strategic move aligns with the interests of existing shareholders and positions Guerrilla RF for potential expansion in the competitive semiconductor market.

Guerrilla RF (OTCQX: GUER) has released the GRF5112, a new broadband power amplifier designed for wireless infrastructure. This GaAs pHEMT amplifier offers exceptional linearity and compression over large fractional bandwidths, making it ideal for multi-carrier 5G and 4G transmitters.

Key features of the GRF5112 include:

• Operational frequency range: 30 to 2700 MHz
• Fractional bandwidth: up to 40%
• Gain: 17.1 dB at 1.8 GHz
• OP1dB compression: 32.2 dBm
• OIP3 linearity: 40 dBm
• Noise figure: 1.7 dB (1.5 dB de-embedded)

The amplifier is packaged in a 3 x 3 mm QFN-16 package and is priced starting at $1.47 for 10,000+ units.

Guerrilla RF (OTCQX: GUER) has announced the sampling of its latest product, the GRF2115, a state-of-the-art GaAs pHEMT amplifier. This new high-performance gain block spans a 50 MHz to 11 GHz frequency range, providing exceptional gain, linearity, and compression performance. It significantly extends the capabilities of its predecessor, the GRF2013, which sold over 15 million units.

Key specifications include 17 dB gain, 21.8 dBm OP1dB compression, and 35.3 dBm OIP3 linearity at 5 GHz, along with a low noise figure of 1.8 dB. The GRF2115 supports flexible biasing from 3 to 6 V, with a typical 5 V supply requiring 130 mA of current. Packaged in a 2 x 2 mm DFN-8, it follows industry standards in both pinout and footprint.

Applications for this amplifier include test and measurement, satcom, aeronautical telemetry, radar, ISM, WiFi 6E, and 5G. Samples and evaluation boards are now available, with pricing starting at $1.76 for orders of 10,000 units or more. For further information, visit Guerrilla RF’s website.

Guerrilla RF (OTCQX: GUER) has introduced the GRF2113, a new GaAs pHEMT amplifier, which enhances the gain by up to 3.5 dB compared to its predecessor, GRF2013.

The GRF2113 is designed to operate between 50 to 4000 MHz with a single broadband tune and offers 21.5 dB of gain, 22 dBm of OP1dB compression, 38 dBm of OIP3 linearity, and a low noise figure of 1.75 dB at 2.5 GHz.

GRF2113 aims to cater to 5G, point-to-point, and cellular repeater/booster customers. The product is housed in a 2x2 mm DFN-8 package and supports a flexible biasing architecture, allowing supply voltages between 3 and 6 V. Samples are available at $0.98 for orders of 10,000 units or more.