Amplitude (AMPL) Set to Announce Earnings on Thursday

Amplitude (NASDAQ:AMPL - Get Free Report) will be releasing its earnings data after the market closes on Thursday, November 7th. Analysts expect Amplitude to post earnings of $0.00 per share for the quarter. Persons that wish to register for the company's earnings conference call can do so using this link.

Amplitude (NASDAQ:AMPL - Get Free Report) last issued its quarterly earnings data on Thursday, August 8th. The company reported ($0.19) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.18). The company had revenue of $73.30 million for the quarter, compared to the consensus estimate of $71.98 million. Amplitude had a negative net margin of 28.19% and a negative return on equity of 27.58%. Amplitude's revenue was up 8.2% on a year-over-year basis. During the same quarter last year, the business posted ($0.17) earnings per share. On average, analysts expect Amplitude to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Amplitude Stock Performance

AMPL traded down $0.22 during mid-day trading on Thursday, reaching $8.99. 360,219 shares of the stock were exchanged, compared to its average volume of 517,229. Amplitude has a 1 year low of $7.37 and a 1 year high of $14.42. The stock has a market capitalization of $1.11 billion, a PE ratio of -13.22 and a beta of 1.33. The company has a 50 day moving average price of $8.82 and a two-hundred day moving average price of $8.83.

Wall Street Analyst Weigh In

Several research firms have commented on AMPL. Piper Sandler decreased their price objective on shares of Amplitude from $11.00 to $9.00 and set a "neutral" rating for the company in a research note on Friday, July 12th. UBS Group decreased their price target on Amplitude from $11.00 to $9.00 and set a "neutral" rating for the company in a research report on Friday, August 9th. Finally, Robert W. Baird dropped their price target on Amplitude from $12.00 to $10.00 and set a "neutral" rating on the stock in a report on Friday, August 9th. One analyst has rated the stock with a sell rating and six have given a hold rating to the company. According to MarketBeat, Amplitude currently has an average rating of "Hold" and an average price target of $10.33.

Amplitude Company Profile

Amplitude, Inc, together with its subsidiaries, provides a digital analytics platform that analyzes customer behavior in the United States and internationally. It offers Amplitude Analytics, which provides real-time product data and reconstructed user visits; Amplitude Experiment, a solution that allows teams to test new capabilities and safely roll out new features; Amplitude CDP, an insight-driven solution that encompasses the data infrastructure, audience management, and data streaming capabilities; and Amplitude Session Replay used by product, marketing, and data teams to understand user behavior, diagnose product issues, and improve product outcomes.