smshoot Investment overview I wrote about Amplitude (NASDAQ:AMPL) previously (May 2024) with a hold rating as I was worried about the near-term growth acceleration potential given the poor macro backdrop and renewal deal headwinds. I upgraded my rating from hold to buy as I see higher potential for growth to accelerate in the coming quarters (my guess is in 4Q24) as rates get cut, multi-year deal headwind eases, revised marketing strategy continues to work well, and New Amplitude performs as expected. 2 ...

Q2 2024 Earnings Call 2:00 pm PST August 8, 2024 Disclaimer This presentation and the accompanying oral presentation have been prepared by Amplitude, Inc. (the "Company"). Certain statements in this presentation and the accompanying oral commentary are forward-looking statements. These statements relate to the Company's financial outlook for the third quarter of 2024 and full year 2024, the expected performance of the Company's products, the Company's expected quarterly and long-term growth, investments, an ...

Amplitude, Inc. (AMPL) reported $73.3 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 8.2%. EPS of $0.00 for the same period compares to $0.02 a year ago.The reported revenue represents a surprise of +1.87% over the Zacks Consensus Estimate of $71.95 million. With the consensus EPS estimate being -$0.01, the EPS surprise was +100.00%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall S ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-40817 AMPLITUDE, INC. (Exact Name of Registrant as Specified in its Charter) Delaware 45-3937349 (State or other jurisdiction of i ...

Exhibit 99.1 Amplitude Announces Second Quarter 2024 Financial Results • Annual Recurring Revenue was $290 million, up 8% year over year • Second quarter revenue of $73.3 million, up 8% year over year • Second quarter Cash Flow from Operations of $9.2 million and Free Cash Flow of $6.8 million, representing a 19 percentage point decrease in Free Cash Flow margin year over year SAN FRANCISCO – August 8, 2024 – Amplitude, Inc. (Nasdaq: AMPL), a leading digital analytics platform, today announced financial res ...

Headlines might say technology stocks have been rallying this year, but it depends on where you look. The Russell 2000 Index, for example, tracks small-t0-midsized capitalization stocks listed in the United States. That index’s performance for the first and second quarters has been rather lackluster compared to the Nasdaq Composite and S&P500. Tech giants like Nvidia (NASDAQ:NVDA) have led the large-cap rally, pushing the two major stock indices to new heights. However, smaller and mid-sized tech stocks hav ...

Amplitude, Inc. (AMPL) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Since a changing earni ...

Investors with an interest in Technology Services stocks have likely encountered both Coherent (COHR) and Amplitude, Inc. (AMPL) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank emphasizes companies with p ...

Amplitude, Inc. (NASDAQ:AMPL) Q1 2024 Earnings Conference Call May 9, 2024 5:00 PM ET Company Participants Yaoxian Chew - Vice President, Investor Relations Spenser Skates - Chief Executive Officer and Founder Criss Harms - Chief Financial Officer Conference Call Participants Koji Ikeda - Bank of America Brent Bracelin - Piper Michael Vidovic - KeyBanc John Gomez - Scotia Bank Taylor McGinnis - UBS Rob Oliver - Baird Arjun Bhatia - Blair Tyler Radke - Citi Elizabeth Porter - Morgan Stanley Operator Yaoxian ...

For the quarter ended March 2024, Amplitude, Inc. (AMPL) reported revenue of $72.62 million, up 9.2% over the same period last year. EPS came in at $0.01, compared to -$0.04 in the year-ago quarter. ...