Guerrilla RF receives $1M PO for PTMP WiFi 6E; FY2024 rev guidance $21-26M

Guerrilla RF, Inc.

Initial $1.0M purchase order for PTMP wireless infrastructure using GRF2013; delivery in Q2 2024.
Upper end of design win estimated at $3.5M for 2024; only $1.0M in released projections.
Nov 2023 shipments +259.7% YoY; FY2023 revenue guided $14.7-15.2M (min 26.7% growth).
FY2024 revenue guided $21-26M; operational cash flow breakeven (ex-interest) expected by mid-2024.
SATCOM: first PO shipped; 2024 revenues >$1.0M; total market opportunity >$560M.

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