Alpine 4 Holdings Sets Q1 2022 Revenue Guidance Between $24M and $26M
By:
Alpine 4 Holdings, Inc. via
AccessWire
April 26, 2022 at 10:30 AM EDT
PHOENIX, AZ / ACCESSWIRE / April 26, 2022 / Alpine 4 Holdings, Inc. (NASDAQ: ALPP), a leading operator and owner of small market businesses releases guidance on its Q1 2022 Revenue between $24 Million and $26 Million. Kent Wilson, CEO, had this to say, "With the company's Q1 revenue projected at roughly half of all of 2021's revenue, the company is poised to exceed $100 Million in revenue for 2022. Further, we are also seeing our consolidated gross profit moving in the right direction to the mid 20% range. While the data shows supply chain constraints will be present for much of 2022, it is also apparent that once we see some semblance of ordinary return with the supply chain system, our consolidated gross profit will rise even further. Finally, I would be remiss if I didn't say how we are in truly exciting times here at Alpine 4. With various new products coming out from RCA Commercial, Vayu Aerospace, and ElecJet, and strong demand from our EV customers at Quality Circuit Assembly, Q1 is just beginning to touch the surface of what the company will do in 2022." About Alpine 4 Holdings: Four principles at the core of our business are Synergy. Innovation. Drive. Excellence. At Alpine 4, we believe synergistic innovation drives excellence. By anchoring these words to our combined experience and capabilities, we can aggressively pursue opportunities within and across vertical markets. We deliver solutions that not only drive industry standards, but also increase value for our shareholders. Contact: Investor Relations Forward-Looking Statements: Other factors that may affect our businesses include global economic trends, competition and geopolitical risks, including changes in the rates of investment or economic growth in key markets we serve, or an escalation of sanctions, tariffs or other trade tensions between the U.S. and China or other countries, and related impacts on our businesses' global supply chains and strategies; market developments or customer actions that may affect demand and the financial performance of major industries and customers we serve, such as secular, cyclical and competitive pressures in our Technology, Construction and Manufacturing businesses; pricing, the timing of customer investment and other factors in these markets; demand for our products or other dynamics related to the COVID-19 pandemic; conditions in key geographic markets; and other shifts in the competitive landscape for our products and services; changes in law, regulation or policy that may affect our businesses, such as trade policy and tariffs, regulation and the effects of tax law changes; our decisions about investments in research and development, and new products, services and platforms, and our ability to launch new products in a cost-effective manner; our ability to increase margins through implementation of operational changes, restructuring and other cost reduction measures; the impact of actual or potential failures of our products or third-party products with which our products are integrated, and related reputational effects; the impact of potential information technology, cybersecurity, or data security breaches at Alpine 4, our subsidiaries or third parties; and the other factors that are described in "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2021, as updated in our Quarterly Reports on Form 10-Q. SOURCE: Alpine 4 Holdings, Inc. View source version on accesswire.com: https://www.accesswire.com/698862/Alpine-4-Holdings-Sets-Q1-2022-Revenue-Guidance-Between-24M-and-26M More NewsView More
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