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

Amplitude

10/05/2023 01:01

* Amplitude Inc  AMPL.OQ  reported a quarterly adjusted loss
of 4
cents​​ per share for the quarter ended in March. The mean
expectation of ten analysts for the quarter was for a loss of 6
cents per share.
    * Revenue rose 25.3% to $66.48 million from a year ago;
analysts
expected $65.53 million. 
    * Amplitude Inc's reported EPS for the quarter was a loss
of 23
cents​.
    * The mean earnings estimate of analysts had fallen by
about 5.3%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Amplitude Inc shares had fallen by 6.8% this quarter and
lost 4.0% so far this year.
    * The company reported a quarterly loss of $26.32 million.
    * Wall Street's median 12-month price target for Amplitude
Inc is
$15.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
10 at 12:01 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.06          -0.04          Beat
 Dec. 31 2022      -0.04          -0.03          Beat
 Sep. 30 2022      -0.08          -0.03          Beat
 Jun. 30 2022      -0.12          -0.08          Beat