Amplitude Inc reports results for the quarter ended in December - Earnings Summary

Amplitude

21/02/2024 10:41

* Amplitude Inc  AMPL.OQ  reported quarterly adjusted
earnings of
4 cents​​ per share for the quarter ended in December, higher
than the same quarter last year, when the company reported EPS
of -3 cents.  The mean expectation of nine analysts for the
quarter was for earnings of 3 cents per share. Wall Street
expected results to range from 3 cents to 4 cents per share.
    * Revenue rose 9.4% to $71.40 million from a year ago;
analysts
expected $71.50 million. 
    * Amplitude Inc's reported EPS for the quarter was a loss
of 16
cents​.
    * The company reported a quarterly loss of $18.54 million.
    * Amplitude Inc shares had risen by 10.6% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 6
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is also "hold"

Wall Street's median 12-month price target for Amplitude Inc is
$12.50 
This summary was machine generated from LSEG data February 21 at
10:41 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.03           0.04           Beat
 Sep. 30 2023      0.03           0.05           Beat
 Jun. 30 2023      0.02           0.02           Met
 Mar. 31 2023      -0.06          -0.04          Beat