GUERRILLA RF INC - GUER STOCK NEWS

Guerrilla RF, Inc. (OTCQX: GUER) announced its participation in the 2022 Sequire Semiconductor Conference, with VP of Investor Relations, Sam Funchess, as the presenter. The company will serve as the opening presentation, discussing its strategy to meet global connectivity demands, its fabless production model, and supply chain positioning. Guerrilla RF specializes in high-performance monolithic microwave integrated circuits for various markets including automotive and 5G infrastructure. An archived replay of the presentation will be available on their investor relations website.

Guerrilla RF, Inc. (OTCQX: GUER) has appointed Susan Barkal to its Board of Directors, expanding the board to seven members. Susan Barkal, currently SVP at Yageo Corporation, brings extensive operational, technical, and quality expertise, having managed global compliance for over 30,000 employees. The CEO, Ryan Pratt, expressed optimism about her contributions as Guerrilla RF continues to grow as a public company. The company specializes in high-performance microwave integrated circuits for various applications, including telecom and military communications.

Guerrilla RF (OTCQX: GUER) reported Q2 2022 financial results showing a 10.4% increase in sales to $3.1 million, and a year-to-date revenue rise of 24.6% to $7.0 million. Royalty revenue surged by 72.3% in Q2, contributing $226,000. Significant investment in research and development and sales doubled year-over-year. However, the company reported a net loss of $2.7 million, unchanged on a per-share basis at $0.08. An $8 million debt funding was secured to support strategic initiatives.

Guerrilla RF, Inc. (OTCQX: GUER) announced the commencement of trading of its common stock on the OTCQX Best Market as of July 28, 2022. This milestone is expected to enhance liquidity and attract new investors. Founded in 2013 and based in Greensboro, NC, the company specializes in high-performance MMICs, with a diverse product portfolio catering to various sectors, including 5G and automotive telematics. Guerrilla RF has achieved significant recognition, having shipped over 100 million devices and being named in the Inc. 5000 list multiple times.

Guerrilla RF (OTC-PINK: GUER) has introduced the GRF5317, a new 0.1W linear power amplifier designed for 5G applications. This amplifier offers high native linearity over 500MHz bandwidths and operates efficiently in temperature ranges from -40°C to 85°C. The device is capable of delivering 18dBm of linear power without the need for digital linearization techniques, making it ideal for cost-sensitive cellular applications. Samples are now available, starting at $1.43 for orders of 10,000 units.

Guerrilla RF, Inc. (OTCQX: GUER) has commenced sampling the GRF6402, the inaugural model in a new series of 0.25dB step Digital Step Attenuators (DSAs). This device features a ‘Rapid Fire’ attenuation setting, enhancing performance by allowing quick switches between attenuation states. Covering a 50 MHz to 6 GHz range, it boasts specifications such as 30.5 dBm IP0.1dB and 55 dBm IIP3. The GRF6402 utilizes a 3mm x 3mm QFN package and is designed to be compatible with existing infrastructure, aiming to attract various wireless infrastructure applications.

Guerrilla RF has launched its new GRF5526 and GRF5536 InGaP HBT power amplifiers, designed for 5G applications. These amplifiers deliver 23dBm of natively linear output power across 100MHz bandwidths and can operate in extreme temperatures from -40°C to 85°C. They meet stringent emissions mask requirements without requiring digital pre-distortion or other linearization techniques, making them suitable for various cellular applications including repeaters and automotive antennas. Samples are available starting at $1.78 each for orders over 10,000 units.

Guerrilla RF, Inc. (OTCQX: GUER) is set to present at the LD Micro Invitational XII on June 7, 2022, at 7:30 a.m. PDT. The presentation will be delivered by Sam Funchess, VP of Investor Relations, and Dr. John Berg, CFO, at the Four Seasons Westlake Village, Los Angeles, with a live stream option available. This opportunity showcases Guerrilla RF's business to investors, highlighting its significant achievements in developing high-performance monolithic microwave integrated circuits for various markets.

Guerrilla RF, Inc. (OTC Pink: GUER) reported a record Q1 2022 with total sales of $3.9 million, a 39% increase from $2.8 million in Q1 2021. Product revenue also rose 39% to $3.6 million, while royalty revenue increased 41% to $280K. The company continues to invest in R&D and marketing, focusing on new products in automotive and 5G sectors. However, administrative expenses surged by $934K, leading to an operating loss of $1.8 million. The company's cash reserves at the end of Q1 totaled $2.6 million.