Amplitude, Inc. (AMPL) came out with quarterly earnings of $0.04 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to loss of $0.03 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 33.33%. A quarter ago, it was expected that this company would post earnings of $0.02 per share when it actually produced earnings of $0.05, delivering a surprise of 150%.Over the last four quarters, the company has su ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Securities registered pursuant to Section 12(b) of the Act: FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 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 Chart ...

If you suffered losses exceeding $100,000 investing in Amplitude stock or options between September 21, 2021 and February 16, 2022 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). You may also click here for additional information: www.faruqilaw.com/AMPL. There is no cost or obligation to you. NEW YORK, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating po ...

SAN FRANCISCO--(BUSINESS WIRE)--Amplitude, Inc. (Nasdaq: AMPL) today announced the expansion of its Digital Analytics Platform to include Session Replay, new experimentation capabilities, and simplified event tagging. With Session Replay, Amplitude now combines qualitative and quantitative data to help companies understand the “why” behind user behavior. New Experiment capabilities help teams build more personalized websites and campaigns. Visual tag editor lowers the barrier to entry for companies getting ...

SAN FRANCISCO--(BUSINESS WIRE)--Amplitude, Inc. (Nasdaq: AMPL), a leading digital analytics platform, today announced that it will release its financial results for the fourth quarter and full year 2023 after market close on Tuesday, February 20, 2024. Amplitude will host a video webcast that day at 2:00 PM PT to discuss its financial results and provide its financial outlook for the first quarter and full year 2024. The webcast will be available on the Investor Relations section of Amplitude’s website at ...

SAN FRANCISCO--(BUSINESS WIRE)--Amplitude, Inc. (Nasdaq: AMPL), a leading digital analytics platform, today announced the hiring of two key executives in Europe and Asia who will lead Amplitude’s growth in their respective regions. Matt Bennett joins the company as vice president for Asia Pacific Japan (APJ), and Tansu Yegen joins as vice president for Central Europe, East Europe, the Commonwealth of Independent States, Middle East and Africa. “There is an increasingly diverse set of companies across EME ...

Amplitude, Inc. (NASDAQ:AMPL) Q3 2023 Earnings Conference Call November 7, 2023 5:00 PM ET Company Participants Yaoxian Chew - VP, IR Spenser Skates - Co-Founder, CEO & Chairperson Christopher Harms - CFO, Principal Financial Officer, Principal Accounting Officer & Treasurer Conference Call Participants Koji Ikeda - Bank of America Merrill Nick Altman - Scotia Clark Jeffries - Piper Tyler Radke - Citi Patrick Schultz - Baird Taylor McGinnis - UBS Michael Vidovic - KeyBanc Yaoxian Chew Hello, everyone. Welco ...

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, 2023 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 ...

Amplitude, Inc. (NASDAQ:AMPL) Q2 2023 Earnings Conference Call August 8, 2023 5:00 PM ET Company Participants Yaoxian Chew - VP, IR Spenser Skates - Co-Founder, CEO & Chairperson Christopher Harms - CFO, Principal Financial Officer, Principal Accounting Officer & Treasurer Conference Call Participants Koji Ikeda - Bank of America Merrill Lynch Patrick Schulz - Robert W. Baird & Co. Claire Gerdes - UBS Tyler Radke - Citigroup Arjun Bhatia - William Blair & Company Michael Vidovic - KeyBanc Capital Markets El ...

Revenue and Profitability - Revenue for Q2 2023 increased to $67.767 million, up from $58.130 million in Q2 2022, representing a 16.6% year-over-year growth[20] - Gross profit for Q2 2023 was $50.587 million, up from $41.070 million in Q2 2022, indicating a 23.2% year-over-year growth[20] - Total revenue for the six months ended June 30, 2023 was $134.2 million, with $82.2 million from the United States and $52.1 million from international markets[42] - Revenue recognized in the six months ended June 30, 2023 from deferred revenue as of December 31, 2022 was $75.6 million[39] Net Loss and Accumulated Deficit - Net loss for Q2 2023 was $27.758 million, compared to a net loss of $24.568 million in Q2 2022, reflecting a 13% increase in losses[20] - Accumulated deficit as of June 30, 2023, was $327.240 million, compared to $273.167 million as of December 31, 2022, indicating a 19.8% increase in losses[17] - Net loss for the six months ended June 30, 2023 was $54,073 thousand compared to $46,788 thousand for the same period in 2022[28] - Accumulated deficit increased from $226,579 thousand at June 30, 2022 to $327,240 thousand at June 30, 2023[26][23] - Net loss attributable to common stockholders was $27.758 million and $54.073 million for the three and six months ended June 30, 2023, respectively[89] - Basic and diluted net loss per share was $(0.24) and $(0.47) for the three and six months ended June 30, 2023, respectively[89] Operating Expenses - Total operating expenses for Q2 2023 were $81.474 million, compared to $65.653 million in Q2 2022, a 24.1% increase[20] - Research and development expenses for Q2 2023 were $22.435 million, up from $20.306 million in Q2 2022, a 10.5% increase[20] - Sales and marketing expenses for Q2 2023 were $38.326 million, compared to $34.135 million in Q2 2022, a 12.3% increase[20] - The company incurred $8.2 million in restructuring charges related to workforce reduction in Q2 2023[92] Cash and Cash Equivalents - Cash and cash equivalents as of June 30, 2023, were $234.363 million, up from $218.494 million as of December 31, 2022[16] - Total cash, cash equivalents, and restricted cash decreased to $235.2 million as of June 30, 2023 from $310.9 million as of December 31, 2022[48] - Cash, cash equivalents, and restricted cash decreased from $310,875 thousand at June 30, 2022 to $235,225 thousand at June 30, 2023[28] - As of June 30, 2023, the company had $234.4 million in cash and cash equivalents and $84.4 million in marketable securities[187] Accounts Receivable and Deferred Revenue - Accounts receivable as of June 30, 2023, were $34.148 million, compared to $22.716 million as of December 31, 2022, a 50.3% increase[16] - Deferred revenue as of June 30, 2023, was $113.491 million, up from $89.993 million as of December 31, 2022, reflecting a 26.1% increase[16] - Deferred revenue increased by $23,498 thousand in 2023 compared to $29,073 thousand in 2022[28] - Accounts receivable increased by $12,006 thousand in 2023 compared to $7,543 thousand in 2022[28] - Unrecognized transaction price related to remaining performance obligations was $246.3 million as of June 30, 2023, with $191.8 million expected to be recognized within 12 months[39][40] Stockholders' Equity and Stock-Based Compensation - Total stockholders' equity decreased from $294,969 thousand at December 31, 2022 to $288,850 thousand at June 30, 2023[23] - Stock-based compensation expense increased from $28,339 thousand in 2022 to $41,920 thousand in 2023[28] - Additional paid-in capital increased from $524,632 thousand at June 30, 2022 to $616,953 thousand at June 30, 2023[26][23] - Total stock-based compensation expense for the six months ended June 30, 2023 was $41.92 million, compared to $28.34 million for the same period in 2022[79] - The company recorded $35.2 million in stock-based compensation expense related to RSUs for the six months ended June 30, 2023, up from $16.3 million for the same period in 2022[73] - As of June 30, 2023, the company had $166.8 million in unrecognized stock-based compensation expense related to RSUs, expected to be recognized over 2.41 years[74] Stock Options and Equity Plans - The company has authorized the issuance of 600 million shares of Class A common stock and 600 million shares of Class B common stock, with Class B shares having five votes per share compared to one vote per Class A share[63] - As of June 30, 2023, the company had 15,327,959 equity plan stock options outstanding, a decrease from 16,767,752 as of December 31, 2022[65] - The company's 2021 Incentive Award Plan has reserved 19,592,880 shares of Class A common stock for future issuance as of June 30, 2023[67] - Stock options granted during the six months ended June 30, 2023 had a weighted average grant date fair value of $6.84 per share, compared to $15.63 per share for the same period in 2022[71] - The company's 2021 Employee Stock Purchase Plan has reserved 4,251,616 shares of Class A common stock for future issuance as of June 30, 2023[77] - 0.7 million shares have been purchased under the ESPP as of June 30, 2023, with $1.3 million in stock-based compensation expense recognized for the six months ended June 30, 2023[78] Operating Activities and Cash Flow - Cash provided by operating activities improved significantly from $2,353 thousand in 2022 to $15,345 thousand in 2023[28] Assets and Liabilities - Prepaid expenses and other current assets decreased to $16.3 million as of June 30, 2023 from $20.3 million as of December 31, 2022[50] - Accrued expenses increased to $23.7 million as of June 30, 2023 from $18.7 million as of December 31, 2022, primarily due to higher accrued commissions and restructuring charges[52] - Fair value of available-for-sale securities was $84.4 million as of June 30, 2023, with $56.0 million due within one year[54][56] - Net carrying amount of intangible assets decreased to $1.2 million as of June 30, 2023 from $2.0 million as of December 31, 2022[59] Business Model and Customer Concentration - The company operates as a single segment business with its Digital Analytics Platform delivered through a SaaS model[31] - No customer accounted for 10% or more of total revenue for the three and six months ended June 30, 2023 and 2022, but one customer represented 13% of accounts receivable as of June 30, 2023[37] Tax and Lease Obligations - The company had an effective tax rate of (0.6)% and (0.9)% for the three and six months ended June 30, 2023, respectively[81] - Future minimum lease payments under non-cancellable operating leases as of June 30, 2023 totaled $9.332 million, with a present value of $9.011 million after imputed interest[84] Risk Factors - A hypothetical 10% change in interest rates would not materially affect the fair value of the company's investment portfolio[187] - The company has minimal foreign currency risk as most subscription agreements are denominated in U.S. dollars[188] - Inflation has not had a material effect on the company's business, results of operations, or financial condition[189]