Portfolio Strategy - The portfolio strategy focuses on rotating more investments towards value-oriented growth stocks that are less susceptible to broader market corrections [1] Industry Expertise - The analyst has extensive experience covering technology companies on Wall Street and working in Silicon Valley, providing deep insights into industry trends [1] - The analyst serves as an outside adviser to several seed-round startups, offering exposure to emerging themes shaping the industry [1] Media Presence - The analyst has been a regular contributor on Seeking Alpha since 2017, with articles syndicated to company pages in popular trading apps like Robinhood [1] - The analyst has been quoted in many web publications, indicating a strong media presence and influence [1]

Tech stocks saw a boom year in 2021 as they soared through the tail end of the pandemic. But tech stocks that went public during that year got stuck between a bull and bear market.Amplitude (AMPL -1.76%) is one such example. The software-as-a-service stock, which specializes in digital analytics and digital product optimization, went public in September 2021. The stock initially soared out of the gate on the broader enthusiasm for the software sector and the company's strong growth at the time of its market ...

Financial Data and Key Metrics Changes - Q3 revenue was $75.2 million, up 6% year-over-year and 3% quarter-over-quarter [4][41] - Annual recurring revenue (ARR) increased to $298 million, up $8 million from the end of Q2, representing a 9% year-over-year growth [4][41] - Non-GAAP operating income was $1.6 million, or 2.1% of revenue, reflecting a 2 percentage-point decline year-over-year [5][46] - Gross margin was 77%, down 2 percentage points year-over-year but up 1 percentage point quarter-over-quarter [43] - Free cash flow was positive $4.5 million, or 6% of revenue, compared to $7.5 million, or 11% of revenue, a year ago [46] Business Line Data and Key Metrics Changes - The number of customers representing $100,000 or more of ARR grew to 567, an increase of 13% year-over-year [5][42] - Cohort health continues to improve, with newer customer cohorts showing healthier gross and net retention patterns [9][10] - 23% of annual contracted customers use more than one product, indicating a strong competitive position against point solutions [6][8] Market Data and Key Metrics Changes - The macro environment remains challenging, with buyer scrutiny high, especially for larger deals [10][48] - Digital natives are on the defense, while M&A and layoffs are impacting end-user demand unpredictably [10] Company Strategy and Development Direction - The company is focused on product innovation and expanding its enterprise customer base, with a particular emphasis on automated insights and actions [15][16][17] - The acquisition of Command AI is aimed at enhancing product capabilities and addressing customer demands for integrated solutions [19][91] - The company aims to drive consolidation in the market, particularly against legacy players like Google Analytics, which are facing customer dissatisfaction [6][81] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ability to drive long-term growth despite current macroeconomic challenges [48][52] - The company plans to reinvest in product innovation and maintain a disciplined approach to capital allocation [49][38] - For Q4 2024, revenue is expected to be between $76 million and $77 million, representing an annual growth rate of 7% at the midpoint [51] Other Important Information - The company hired Wade Chambers as Chief Engineering Officer to enhance its engineering capabilities [11][12] - The launch of Web Experimentation aims to simplify A/B testing for users without engineering resources [22] Q&A Session Summary Question: How does Amplitude plan to capture interactions with AI agents? - Management indicated that capturing touchpoints between human and digital interactions remains crucial, and the company has a large repository of customer behavior data to leverage [55][57][58] Question: What areas are seeing room for incremental investments? - Management highlighted that the Command AI acquisition is driving changes in operating income guidance, with a focus on product innovation and enterprise success [60][62] Question: Can you discuss the overlap with Command AI and potential revenue uplift? - Management noted that while there was little revenue overlap, the integration of Command AI could potentially provide a 20% to 50% uplift in customer spending [64][68] Question: How are contract renewals performing? - Management stated that renewal rates are not satisfactory and emphasized the need for improvement as they transition focus to enterprise clients [85] Question: What is the outlook for long-term RPO growth? - Management attributed the 49% year-over-year growth in long-term RPO to stronger relationships with enterprise clients and aligning contracts with their value perception [96][97]

Amplitude, Inc. (AMPL) reported $75.22 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 6.5%. EPS of $0.03 for the same period compares to $0.05 a year ago. ...

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 September 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 ...

Exhibit 99.1 Amplitude Announces Third Quarter 2024 Financial Results • Annual Recurring Revenue was $298 million, up 9% year over year • Third quarter revenue of $75.2 million, up 6% year over year • Third quarter Cash Flow from Operations of $6.2 million and Free Cash Flow of $4.5 million, representing a 5 percentage point decrease in Free Cash Flow margin year over year SAN FRANCISCO – November 7, 2024 – Amplitude, Inc. (Nasdaq: AMPL), the leading digital analytics platform, today announced financial res ...

It's incredibly easy to write off Amplitude (NASDAQ: AMPL ) by looking purely at financial metrics. But as someone with extensive operational experience in this space, I will tell you why I am excited. I am currently a junior at Brown University studying Applied Mathematics-Economics. I have been involved in the Brown Investment Group for almost 3 years, where I was previously on the Healthcare Research Committee and currently am on the TMT Research Committee. My investment style is primarily of a long-only ...

Lannion, October 21, 2024 – 5:55 pm Q3 REVENUEAGREEMENT SIGNED TO ACQUIRE THE CONTINUUM PRODUCT RANGE FROM THE AMPLITUDE LASER GROUP Growth upturn in Q3 for the Medical Division, stability for the Photonics DivisionSignature of an agreement with Amplitude Laser Group to acquire the Continuum range of nanosecond lasers from its US subsidiary The LUMIBIRD Group (FR0000038242 - LBIRD), the European leader in laser technologies, recorded revenues of €141.5m for the first 9 months of 2024, up +2% and stable on a ...

Small-Cap Tech Stocks Overview - Small-cap stocks, with market caps between $250 million and $2 billion, can offer significant growth potential and outsized returns [1] - Three small-cap tech stocks worth considering are Innodata, Amplitude, and SoundHound AI [1] Innodata (INOD) - Innodata, a low-code software platform company, leverages generative AI to automate processes and train models, freeing workers for other tasks [2] - The company has secured master service agreements with five of the Magnificent Seven companies, a notable achievement for a firm with a $470 million market cap [2] - Revenue for the first half of 2024 rose 54% year-over-year to $59 million, with a net income of $975,000 compared to a $2.9 million loss in the same period in 2023 [3] - The stock price has surged over 90% year-to-date and more than 1,000% over the last five years [3] - The forward P/E ratio is 35, considered low given the company's revenue growth [3] Amplitude (AMPL) - Amplitude, with a $1 billion market cap, provides advanced data analytics software to track customer behavior and improve product marketing [5] - Revenue growth slowed post-2022 due to customer overinvestment during low-interest rates and contract renewals at lower amounts [6] - Management expects growth to reaccelerate, with potential bottoming in Q3 2024 after terminating contracts with Russian customers [6] - The company is free cash flow positive, holds 30% of its market cap in cash, and has an enterprise value-to-sales ratio of 2.5, making it one of the cheaper software stocks [7] SoundHound AI (SOUN) - SoundHound AI specializes in AI voice solutions, partnering with automotive brands like Honda and Hyundai, and dining chains such as Papa John's and Chipotle [9] - Revenue for the most recent quarter (ending June 30) grew 54% year-over-year to $13.5 million, with trailing 12-month revenue at $55.5 million, up from $46 million a year ago [10] - The company has a strong balance sheet with $200 million in cash and only $4 million in debt, though it is not yet profitable or free cash flow positive [10]

Investors with an interest in Technology Services stocks have likely encountered both Jacobs Solutions (J) and Amplitude, Inc. (AMPL) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and ...