Amplitude, Inc. (AMPL) Reports Break-Even Earnings for Q1

Company Performance - Amplitude, Inc. reported break-even quarterly earnings per share, surpassing the Zacks Consensus Estimate of a loss of $0.01, and compared to earnings of$0.01 per share a year ago, representing an earnings surprise of 100% [1] - The company posted revenues of $79.95 million for the quarter ended March 2025, exceeding the Zacks Consensus Estimate by 0.66$72.62 million [2] - Over the last four quarters, Amplitude has surpassed consensus EPS estimates four times and has topped consensus revenue estimates four times as well [2] Stock Outlook - Amplitude shares have declined approximately 11.2% since the beginning of the year, while the S&P 500 has decreased by 4.7% [3] - The current consensus EPS estimate for the upcoming quarter is $0.01 on revenues of$79.69 million, and for the current fiscal year, it is $0.06 on revenues of$324.45 million [7] Industry Context - The Technology Services industry, to which Amplitude belongs, is currently ranked in the top 26% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that the industry outlook can significantly impact stock performance [5][8]