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AmpliTech Group, Inc. (AMPG) Q4 2025 Earnings Call Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Operator

Good day, ladies and gentlemen, and welcome to AmpliTech Group’s Quarterly Investor Update Call, where the company will discuss its FY 2025 Financial Results. Present in this call, we have the executive team of AmpliTech Group, Fawad Maqbool, CEO, CTO and Board Chair; Jorge Flores, COO; and Louisa Sanfratello, CFO. [Operator Instructions]

As a reminder, today’s conference is being recorded. I would now like to turn the call over to AmpliTech’s COO, Jorge Flores.

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Jorge Flores
Chief Operating Officer

Thank you, operator, and thank you, everyone, for joining today’s call to review the progress of AmpliTech’s growth initiatives and to answer investors’ questions. Following initial management comments, we will open the call to investors’ questions as well. An archived replay of today’s call will be posted to the Investor Relationship section of AmpliTech’s corporate website. This call is taking place on Thursday, April 9, 2026.

Remarks that follow and answers to questions may include statements that the company believes to be forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally include words such as anticipate, believe, expect or words of similar importance. Likewise, statements that describe future plans, objectives or goals are also forward-looking. These forward-looking statements are subject to various risks that could cause actual results to be materially different than expected. Such risks include, among others, matters that the company has described in its press releases and in its filings with the Securities and Exchange Commission. Except as described in these filings, the company disclaims any obligation to

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Piper Sandler initiates Definium stock with Overweight rating

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Piper Sandler initiates Definium stock with Overweight rating

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Australia inks fresh fuel supply deal with Singapore

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Australia inks fresh fuel supply deal with Singapore

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Amazon CEO Andy Jassy says company will rebuild shopping experience with AI

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Amazon CEO Andy Jassy says company will rebuild shopping experience with AI

Amazon is signaling a major shift in how it plans to serve customers, starting with rewriting parts of its own playbook.

CEO Andy Jassy released his annual letter to shareholders on Thursday, writing that the tech giant is not content to simply add artificial intelligence features to its existing retail business. Instead, Jassy said Amazon is preparing to rebuild the customer shopping experience from the ground up, even if it means disrupting products and systems that already work at massive scale.

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“The temptation is to just add a little AI to the existing experience,” Jassy wrote, adding that the “trick” leaders must learn is “reimagining your experiences from a clean sheet of paper.”

“When you have a product that’s working at scale, one of the hardest decisions to make is to go back to the starting line,” Jassy wrote.

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Amazon CEO Andy Jassy

Amazon CEO Andy Jassy speaks during an Amazon Devices launch event in New York City on Feb. 26, 2025. (Brendan McDermid/File Photo / Reuters Photos)

Jassy suggested that “the interface with which customers want to interact with a retailer could be substantially different over time.”

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The CEO acknowledged that rebuilding systems at scale can feel like “going backwards,” especially when those systems are already widely used.

Amazon logo on phone screen

In this photo illustration, the Amazon logo is displayed on a smartphone screen. (Jaque Silva/SOPA Images/LightRocket via Getty Images)

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But he argued that standing still in a moment of rapid technological change is riskier.

Amazon logo with shopping cart

In this photo illustration, a shopping cart is seen in front of the Amazon logo. (Jaque Silva/SOPA Images/LightRocket via Getty Images)

“AI is not a standalone initiative—it’s a multiplier,” Jassy wrote. “It will reshape every customer experience we offer and unlock entirely new ones.”

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Jassy concluded his letter sharing his optimism for what lay ahead for the tech giant, underscoring Amazon’s strong finish to 2025, which saw revenue grow 12% year-over-year from $638 billion to $717 billion.

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By Christopher Gannatti, CFA & Samuel Rines

Currency is often treated as a background variable that can be hedged away, neutralized, or simply ignored. But in the current environment, that framing could overlook potentially compelling investment opportunities. When we

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TSMC’s Q1 revenue jumps 35% y/y, beats market forecast


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