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

Amplitude

09/08/2023 04:21

* Amplitude Inc  AMPL.OQ  reported quarterly adjusted
earnings of
2 cents​​ per share for the quarter ended in June. The mean
expectation of ten analysts for the quarter was for earnings of
2 cents per share.
    * Revenue rose 16.6% to $67.77 million from a year ago;
analysts
expected $66.95 million. 
    * Amplitude Inc's reported EPS for the quarter was a loss
of 24
cents​.
    * The mean earnings estimate of analysts had risen by
about 11% in
the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Amplitude Inc shares had fallen by 2.2% this quarter and
lost 10.9% so far this year.
    * The company reported a quarterly loss of $27.76 million.
    * Wall Street's median 12-month price target for Amplitude
Inc is
$13.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 8
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 03:21 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.02           0.02           Met
 Mar. 31 2023      -0.06          -0.04          Beat
 Dec. 31 2022      -0.04          -0.03          Beat
 Sep. 30 2022      -0.08          -0.03          Beat