Welcome to our dedicated page for Guerrilla RF news (Ticker: GUER), a resource for investors and traders seeking the latest updates and insights on Guerrilla RF stock.
Guerrilla RF Inc (GUER) delivers cutting-edge RF and millimeter-wave solutions powering critical systems in defense, telecommunications, and advanced electronics. This dedicated news hub provides investors and industry professionals with essential updates on the company developments shaping high-frequency technology markets.
Access official press releases covering quarterly financial results, new product launches, and strategic partnerships. Stay informed about GUER's innovations in semiconductor design, including advancements in 5G infrastructure components and defense-grade RF modules. Our curated updates include regulatory filings, technology patents, and market expansion announcements directly from company sources.
Key content categories include earnings reports detailing financial performance, engineering milestones in integrated circuit development, and industry collaboration updates impacting next-generation wireless systems. Professionals will find timely information on GUER's role in emerging applications like autonomous vehicle radar and medical imaging technologies.
Bookmark this page for streamlined access to Guerrilla RF's verified corporate communications. Check regularly for updates critical to understanding the company's position in competitive RF semiconductor markets and its technological roadmap.
Guerrilla RF (OTCQX: GUER) reported its Q4 and full-year 2024 financial results, marking significant growth in several areas. Revenue for fiscal year 2024 increased 33.4% compared to 2023, reaching $20.1 million. Gross profit jumped 49.8% to $12.8 million, with margins expanding 660 basis points to 63.7%.
Q4 2024 revenue showed a slight decrease to $4.4 million from $4.7 million year-over-year, primarily due to a 42% drop in Automotive sales. However, Infrastructure grew 10% and Catalog markets expanded 62%, driven by increases in SatCom and wireless audio.
The company's operating loss improved to $8.8 million in 2024 from $12.9 million in 2023. Product contribution margins rose from 70.5% to 74.8%. International shipments reached $4.0 million, representing 20% of total product revenue. The company's backlog stood at $5.4 million at year-end 2024, increasing to $6.8 million by March 14, 2025.
Guerrilla RF (OTCQX: GUER) has launched the GRF0020D and GRF0030D, its first GaN on SiC HEMT power amplifiers. The GRF0030D delivers up to 50W of saturated power at 50V operation from DC to 6GHz, with gain ranging from 13.5dB to 23.7dB, and 27.5W at 28V. The GRF0020D provides 30W and 19W of saturated power at 50V and 28V respectively, supporting frequencies up to 7GHz with 13.8dB to 24.3dB gain.
These unmatched discrete transistors target wireless infrastructure, military, aerospace, and industrial heating markets. The devices are 100% DC production tested for KGD compliance and are now available starting at $30 for 100-piece quantities. According to Yole Group, the RF GaN device market is projected to grow from $1.3B in 2022 to $2.7B by 2028, with strong growth in telecom infrastructure, military, and satellite communications sectors.
Guerrilla RF (OTCQX: GUER) has announced a significant leadership change with the retirement of CFO John Berg and the appointment of Mike John-Williams as his successor, effective January 8, 2025. John-Williams joins GUER from Valmis Robotics, where he served as Head of Finance and Strategy. He previously held the position of VP and CFO at Pandora Jewelry's North American Business Unit, managing a $1.4 billion revenue division.
During Berg's tenure since 2016, GUER experienced substantial growth, with revenue increasing from $750,000 to over $15 million annually. The incoming CFO will focus on supporting the company's strategic plan, growing sales, achieving profitability, and uplisting to a national securities exchange.
John-Williams brings significant experience from both Fortune 500 companies and startups. He holds an MBA in Finance from the University of Michigan and will relocate to Greensboro with his family.
Guerrilla RF announced that its GRF5509 4-watt power amplifier has been selected by Impinj for their enterprise-grade RAIN RFID reader module reference design. The GRF5509 enhances read range and readability of RAIN RFID tags, enabling efficient market entry and development of new readers based on Impinj’s leading E family reader ICs. The amplifier delivers up to 2 watts of linear power, meeting stringent spectral mask requirements. It features a flexible biasing architecture, operating within the 700 to 1000 MHz range, with specific tuning for 866 MHz to 928 MHz bands. The GRF5509 achieves 38 dB gain, 36 dBm OP1dB, and 46 dBm OIP3 linearity, and is packaged in a compact 3 x 3 mm QFN-16 package. The RAIN Market Research Report predicts a 25.1% CAGR in tag IC shipments up to 2028, driven by supply chain upgrades and sustainable solutions. Samples and evaluation boards are available, with prices starting at $1.97 (10,000-up, EXW USA).
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.
