secwatch.observer — SEC 8-K summary
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Issuer:     Guerrilla RF, Inc. (GUER)
CIK:        0001832487
Form:       8-K
Filed at:   2024-08-13T23:59:59+00:00
Accession:  0001437749-24-026160
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Guerrilla RF posts record Q2 revenue of $6.1M, cuts FY2024 guidance to $20M-$25M
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- Revenue $6.11M (+61.7% YoY); gross margin 65.3% vs 59.0% prior year (up 631 bps).
- Operating loss narrowed to $1.2M from $3.4M; Adjusted EBITDA loss $0.5M vs $2.7M.
- Closed $22M private placement on Aug 5, 2024; restructured credit facility to Dec 2028.
- Automotive sales fell to 31% of revenue (vs 57% FY2023); Wireless Infrastructure grew to 35%.
- Acquired GaN device portfolio; reduced FY2024 revenue guidance to $20M-$25M from prior range.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1832487/000143774924026160/0001437749-24-026160-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1832487/000143774924026160/guer20240812_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-026160

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer