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Amplitude (AMPL)
NASDAQ:AMPL
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Earnings Data
Report Date
Feb 12, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.01Last Year’s EPS
$0.04Same Quarter Last Year
Based on 7 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 07, 2024
|% Change Since: 4.96%
|Next Earnings Date:Feb 12, 2025
Earnings Call Sentiment|Neutral
The earnings call reflected positive growth in revenue and customer base, successful product innovations, and strategic acquisitions. However, the company faces challenges with churn rates and sales efficiency amid a tough macro environment, leading to a cautious outlook for operating income.Company Guidance
During Amplitude's Q3 2024 earnings call, the company reported strong financial performance, surpassing all guided metrics. The third quarter revenue reached $75.2 million, marking a 6% year-over-year increase. Annual recurring revenue (ARR) grew to $298 million, reflecting an $8 million rise from the previous quarter. The company also reported a non-GAAP operating income of $1.6 million, or 2.1% of revenue. Amplitude now serves nearly 3,500 paying customers, with the number of customers contributing $100,000 or more in ARR rising by 13% year-over-year to 567. The call highlighted strategic efforts in product innovation, particularly with the acquisition of Command AI, and emphasized the company's focus on the enterprise market to drive future growth. Looking ahead, Amplitude projected Q4 2024 revenue between $76 million and $77 million, with a full-year revenue outlook raised to between $297.1 million and $298.1 million.Exceeded Guided Metrics
Amplitude exceeded all guided metrics for Q3, with a revenue of $75.2 million, up 6% year-over-year.
Annual Recurring Revenue Growth
Annual recurring revenue reached $298 million, increasing by $8 million from the previous quarter.
Increase in Large Customers
Customers representing $100,000 or more of ARR grew to 567, a 13% increase year-over-year.
Product Innovation and Launches
Successful launch of Amplitude Made Easy and significant increases in new self-service sign-ups and data sending organizations.
Command AI Acquisition
Acquired Command AI to enhance product offerings and integration with Amplitude's platform.
Partnership Expansion with HubSpot
Extended partnership with HubSpot to integrate customer behavior data and enhance marketing campaign performance.
Introduction of Web Experimentation
Launched Web Experimentation to facilitate A/B testing with ease, reducing the need for engineering support.
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AMPL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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AMPL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | $10.49 | $9.89 | -5.72% |
| Aug 08, 2024 | $7.98 | $7.95 | -0.38% |
| May 09, 2024 | $9.26 | $9.12 | -1.51% |
| Feb 20, 2024 | $14.07 | $11.80 | -16.13% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Amplitude (AMPL) report earnings?
Amplitude (AMPL) is schdueled to report earning on Feb 12, 2025, TBA Not Confirmed.
What is Amplitude (AMPL) earnings time?
Amplitude (AMPL) earnings time is at Feb 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AMPL EPS forecast?
AMPL EPS forecast for the fiscal quarter 2024 (Q4) is $0.01.
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