Amplitude(AMPL)

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Amplitude(AMPL) - 2024 Q1 - Earnings Call Transcript
2024-05-10 02:56
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 ...
Here's What Key Metrics Tell Us About Amplitude (AMPL) Q1 Earnings
Zacks Investment Research· 2024-05-10 00:01
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. ...
Amplitude(AMPL) - 2024 Q1 - Quarterly Report
2024-05-09 20:08
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 March 31, 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 ...
Amplitude(AMPL) - 2024 Q1 - Quarterly Results
2024-05-09 20:05
Exhibit 99.1 Amplitude Announces First Quarter 2024 Financial Results • Annual recurring revenue was $285 million, up 9% year over year • First quarter revenue of $72.6 million, up 9% year over year • First quarter Cash Flow from Operations of $(0.05) million and Free Cash Flow of $(1.1) million, representing a 7 percentage point increase in Free Cash Flow margin year over year SAN FRANCISCO – May 9, 2024 – Amplitude, Inc. (Nasdaq: AMPL), a leading digital analytics platform, today announced financial resul ...
QFIN or AMPL: Which Is the Better Value Stock Right Now?
Zacks Investment Research· 2024-03-22 16:46
Investors with an interest in Technology Services stocks have likely encountered both Qifu Technology, Inc. (QFIN) 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.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores ...
Cloud software buyers are getting frugal, leading to slower growth at former highfliers
CNBC· 2024-03-19 13:00
The New York Stock Exchange welcomes Snowflake to usher in the first day of winter on Dec. 21, 2021. To honor the occasion, Snowflake the Bear, joined by Chris Taylor, vice president of NYSE Listings and Services, rings the opening bell.In 2020, as data analytics software vendor Snowflake was hitting the public market, one of the key stats it was touting to investors was net revenue retention.Snowflake's NRR at the time was 158%, meaning its existing customer base from a year earlier had increased its total ...
SPXC or AMPL: Which Is the Better Value Stock Right Now?
Zacks Investment Research· 2024-02-26 17:46
Core Insights - SPX Technologies (SPXC) and Amplitude, Inc. (AMPL) are being compared for their attractiveness to value investors, with SPXC currently holding a stronger position in terms of earnings outlook and valuation metrics [1][2]. Valuation Metrics - SPXC has a forward P/E ratio of 21.97, significantly lower than AMPL's forward P/E of 147.20, indicating that SPXC may be undervalued compared to AMPL [3]. - The PEG ratio for SPXC is 1.22, while AMPL's PEG ratio stands at 4.79, suggesting that SPXC offers better value relative to its expected earnings growth [3]. - SPXC's P/B ratio is 4.15, compared to AMPL's P/B of 4.88, further supporting the notion that SPXC is a more attractive investment based on valuation metrics [3]. Investment Ratings - SPXC currently holds a Zacks Rank of 2 (Buy), while AMPL has a Zacks Rank of 3 (Hold), indicating a stronger earnings outlook for SPXC [2]. - Based on the valuation metrics and earnings outlook, SPXC is considered the superior value option compared to AMPL [3].
Amplitude: Holds Attractive Potential Beyond The Temporary Headwinds
Seeking Alpha· 2024-02-25 11:35
Eugene Mymrin/Moment via Getty Images Amplitude (NASDAQ:AMPL) provides a digital analytics platform that helps companies understand user behavior in their digital products. It offers self-service insights, customer journey analysis, and experimentation tools, enabling data-driven decisions for product improvement and business growth. Since its IPO at $54 in 2021, share performance has been lackluster. The share price has plummeted by -78%. Upon testing the all-time high of $83 in November 2021, the shar ...
Why Amplitude Stock Was Falling This Week
The Motley Fool· 2024-02-23 12:42
Shares of Amplitude (AMPL 0.09%) were slipping this week after the cloud software stock posted disappointing results in its fourth-quarter earnings report and offered weak guidance for 2024.Amplitude, which specializes in digital product data analytics, helps companies gain insights about the way customers use their products so they can improve them and increase the return on their investment.As of Thursday's close, Amplitude stock was down 16.2%, according to data from S&P Global Market Intelligence. Ampli ...
Why Amplitude Stock Dropped Today
The Motley Fool· 2024-02-22 01:26
Core Insights - Amplitude's shares fell 16.3% following mixed quarterly results and disappointing forward guidance [1] Financial Performance - Q4 2023 revenue increased by 9% year over year to $71.4 million, with adjusted net income of $0.04 per share, surpassing analyst expectations of $0.03 per share [2] - The number of paying customers grew by 37% year over year to 2,723, while annual recurring revenue (ARR) increased by 10% to $281 million [2] - The company achieved positive free cash flow of $1.5 million in Q4, a turnaround from negative free cash flow of $5.9 million in the same period last year [2] Future Guidance - For full-year 2024, Amplitude projected revenue between $291.5 million and $294.5 million, with adjusted net income expected to be between $0.06 and $0.08 per share, both below Wall Street's consensus estimates of $0.12 per share on revenue of $297.4 million [3] - Despite decent top-line growth and improvements in profitability and cash flow, market expectations were higher, leading to a negative stock response [3]