Amplitude Inc expected to post a loss of 1 cent a share - Earnings Preview

Amplitude

07/08/2024 03:21

* Amplitude Inc  AMPL.OQ   AMPL.O  is expected to show a
rise in
quarterly revenue when it reports  results on August 8 for the
period ending June 30 2024
    * The San Francisco California-based  company is expected to
report a 6.2% increase in revenue to $71.96 million from $67.77
million a year ago, according to the mean estimate from 9
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Amplitude Inc is for a
loss
of 1 cent per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 8
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Amplitude
Inc is
$11.00​, above​ its last closing price of $7.73. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.00        0.00       0.01      Beat    263.6
 Dec. 31 2024  0.03        0.03       0.04      Beat    29.5
 Sep. 30 2023  0.03        0.03       0.05      Beat    88.7​
 Jun. 30 2023  0.02        0.02       0.02      Met     23.5
 ​​Mar.        -0.06       -0.06      -0.04     Beat    32.3
 31 2023                                                
 Dec. 31 2022  -0.04       -0.04      -0.03     Beat    20.6​
 Sep. 30 2022  -0.08       -0.08      -0.03     Beat    62.8
 Jun. 30 2022  -0.12       -0.12      -0.08     Beat    31.6
 This summary was machine generated August 7 at 02:21 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)