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Guerrilla RF to Present at the 35th Annual Roth Conference
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Guerrilla RF, Inc. (OTCQX: GUER) announced its participation in the 35th Annual Roth Conference in Dana Point, California, from March 12-14, 2023. CEO Ryan Pratt and VP of Investor Relations Sam Funchess will present the company's significant growth, highlighting a 66% CAGR in product revenue since 2018 and a 59% gross margin. The company targets markets including automotive, 5G, satellite communications, aerospace, and defense, while expanding its engineering and sales teams. Celebrating its 10th anniversary this year, Guerrilla RF emphasizes its commitment to innovation and meeting industry demands with high-performance RF solutions.
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GREENSBORO, N.C.--(BUSINESS WIRE)--
Guerrilla RF, Inc. (OTCQX: GUER), a leading provider of state-of-the-art RF and microwave communications solutions, today announced that its CEO, Ryan Pratt, and VP of Investor Relations, Sam Funchess will present at the 35th Annual Roth Conference being held at The Ritz Carlton, Laguna Niguel in Dana Point, California, on March 12-14, 2023.
Guerrilla RF will be attending the 35th Annual Roth Conference on March 12-14. (Graphic: Business Wire)
The Annual Roth Conference is one of the largest in the country for select small-cap companies. The event is invitation-only and offers a format where investors can hear from the companies’ executive management through small group meetings, fireside chat presentations, one-on-ones, and panels.
Guerrilla RF CEO Ryan Pratt will discuss highlights of the company’s strong success to date, high-performance RF solutions, and its strategy for out-sized growth going forward, which includes:
Product revenue (CAGR) growth of 66% since 2018, and 31% since 2019
Gross margin of 59%
Target customers including market leaders such as Tesla, CommScope, Molex, Wilson Electronics, Nokia, and others
Increasing investment into expanding engineering and sales teams, R&D, and new GaN (gallium nitride) power amplifier and SoI (silicon-on-insulator) products
Production, sales, and product goals for 2023
Ryan Pratt, CEO, commented, “Guerrilla RF will be celebrating its tenth anniversary in 2023, which is a testament to our corporate fundamentals and core focus of serving unmet needs in the high growth 5G, automotive, satellite communications, aerospace, and defense markets. We look forward to fielding questions from analysts and investors, hosting one-on-ones, and discussing the company’s strategy to address these markets with high-performance radio-frequency semiconductor solutions.”
About Guerrilla RF, Inc.
Founded in 2013, Guerrilla RF, Inc., develops and manufactures high-performance state-of-the-art radiofrequency (RF) and microwave communication solutions for wireless OEMs in multiple high-growth market segments, that include network infrastructure for 5G/4G macro and small cell base stations, cellular repeaters/DAS, automotive telematics, military communications, navigation, and high-fidelity wireless audio. The Company has an extensive portfolio of 100+ high-performance RF and microwave semiconductor devices with 50+ new products in development. As one of the fastest growing semiconductor firms in the industry, Guerrilla RF drives innovation through its R&D to commercialization initiatives and focuses on product excellence and custom solutions to underserved markets. To date, the Company has shipped over 150 million devices and has repeatedly been included in Inc. Magazine’s annual "Inc. 5000" list. Guerrilla RF recently made the top "Inc. 500" list for the second year in a row. For more information, please visit https://guerrilla-rf.com or follow the Company on Twitter and LinkedIn.
Forward-Looking Statements
This press release may contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995, which statements are inherently subject to risks and uncertainties. Forward-looking statements include projections, predictions, expectations, or beliefs about future events or results or otherwise are not statements of historical fact. Such statements are often characterized by the use of qualifying words (and their derivatives) such as “expect,” “believe,” “estimate,” “plan,” “project,” “anticipate,” or other statements concerning opinions or judgments of the company and its management about future events. You should not place undue reliance on forward-looking statements because they involve known and unknown risks, uncertainties, and assumptions that are difficult or impossible to predict and, in some cases, beyond the company's control. Actual results may differ materially from those in the forward-looking statements as a result of several factors, including those described in the company's filings with the SEC available at www.sec.gov. Forward-looking statements speak only as of the date they are made. The company undertakes no obligation to revise or update information in this release to reflect events or circumstances in the future, even if new information becomes available.
