Amaero (NASDAQ:AMRO) Issues Earnings Results

Amaero (NASDAQ:AMRO) issued its earnings results on Monday. The company reported ($0.38) EPS for the quarter, Zacks reports.

Here are the key takeaways from Amaero’s conference call:

• Q3 revenue increased 35% year over year to $4.1 million, and nine-month revenue rose 170% to $11.5 million. Amaero guided to full-year revenue of $16.0 million–$16.5 million, implying 154%–162% growth.
• Backlog reached $13.4 million, up 180% year over year and roughly equal to trailing 12-month revenue; management said the orders are firm and largely expected to be recognized by June 30. The backlog includes a $4.4 million Department of War development contract, while potential follow-on PM-HIP production awards remain in the pipeline, not backlog.
• Q3 gross loss was $4.4 million as titanium production ran below capacity and lower yields increased costs; net loss was $9.1 million and operating cash use was $6.3 million. Management expects improvement as throughput rises, but said inventory-cost lags could delay a more favorable gross-margin trend until next calendar year.
• Titanium production resumed in late July after a safety review, and the company said the new sieving system’s parameters were mostly optimized by mid-September, with yields expected to improve further. The system and third atomizer doubled titanium throughput capacity.
• Amaero reported $19.3 million in cash and cash equivalents as of October 31, following $17.0 million of net IPO proceeds, and said its next capacity additions—argon recycling and a fourth atomizer—remain on schedule for the first half of 2027. These investments are intended to support scale-up, though their benefits depend on execution and demand.

Amaero Stock Performance

Shares of Amaero stock traded up $0.97 on Monday, hitting $6.42. 132,210 shares of the company traded hands, compared to its average volume of 449,380. Amaero has a 12-month low of $3.57 and a 12-month high of $8.64.

Analysts Set New Price Targets

Several research firms have weighed in on AMRO. Wall Street Zen raised Amaero to a “sell” rating in a research note on Saturday, October 24th. Robert W. Baird initiated coverage on shares of Amaero in a research report on Monday. They issued an “outperform” rating and a $9.00 price target for the company. One research analyst has rated the stock with a Buy rating. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $9.00.

Amaero Company Profile

Amaero is an advanced materials company that produces high-performance metal powders for additive manufacturing and other industrial applications. Its products include titanium and refractory metal alloy powders, materials designed for demanding uses where strength, heat resistance or other specialized properties are important.

The company has developed manufacturing operations in the United States, including a facility in Tennessee, and focuses on supplying materials to sectors such as aerospace and defense.