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Alpine 4 Holdings, Inc. - $ALPP STOCK NEWS

Welcome to our dedicated page for Alpine 4 Holdings news (Ticker: $ALPP), a resource for investors and traders seeking the latest updates and insights on Alpine 4 Holdings stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Alpine 4 Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Rhea-AI Summary
Alpine 4 Holdings, Inc. announced its Q2 2023 results, with quarterly revenue growth of 11% to $28.0 million compared to Q2 2022. The gross margin increased to 28% in Q2 2023 from 24% in the same period last year. Non-GAAP Adjusted EBITDA Loss decreased by 83% to $247,000. Cash ended the period at $3.8 million, and current assets rose 7.8% to $48 million.
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Alpine 4 Holdings, Inc. will release its financial results for Q2 2023 on August 11, 2023. The conference call will be held at 5:00 P.M. ET and will be accompanied by a webcast. Shareholders can submit questions until August 9.
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Rhea-AI Summary
Alpine 4 Holdings, Inc. announced the implementation of a reverse stock split and common stock adjustment. The reverse split will be in a range of 1-for-1.5 to 1-for-10 shares, resulting in a reduction of outstanding Class A common stock from approximately 180,037,350 shares to approximately 22,504,669 shares. The company expects the reverse split to increase the market price per share and bring it into compliance with Nasdaq's minimum bid price requirement.
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Alpine 4 Holdings, Inc. subsidiary Quality Circuit Assembly, Inc. achieves record growth in Q1 2023 with $4.7 million in new work. They also added a new Juki Pick and Place Line worth $780K to support the growing demand. The company's investment in their upgraded manufacturing facility reinforces their commitment to QCA's future growth.
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Alpine 4 Holdings, Inc.

Nasdaq:ALPP

ALPP Rankings

ALPP Stock Data

19.45M
23.91M
1.39%
5.9%
4.15%
Other Communications Equipment Manufacturing
Manufacturing
Link
United States of America
PHOENIX

About ALPP

alpine 4 technologies, ltd (alpine 4) is a publicly held enterprise with business related endeavors in automotive technologies, electronics manufacturing, energy services & fabrication technologies and clean energy solutions. 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 are able to aggressively pursue opportunities within and across vertical markets. we deliver solutions that not only drive industry standards, but increase value for our shareholders. at alpine 4 we understand the nature of how technology and innovation can accentuate a business. we strive to develop strategic synergies between our holdings to create value and operational excellence within a unique long-term perspective. our focus is on how the adaptation of new technologies even in brick and mortar businesses can drive innovation. we also