Amplitude (AMPL) Set to Announce Earnings on Thursday

Amplitude (NASDAQ:AMPL) will release 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 are interested in participating in the company’s earnings conference call can do so using this link.

Amplitude (NASDAQ:AMPL) last announced its quarterly earnings results 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 firm had revenue of $73.30 million for the quarter, compared to analyst estimates of $71.98 million. Amplitude had a negative net margin of 28.19% and a negative return on equity of 27.58%. The company’s revenue was up 8.2% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.17) EPS. On average, analysts expect Amplitude to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Amplitude Trading Down 0.3 %

Shares of AMPL stock opened at $9.21 on Thursday. The company’s 50-day moving average price is $8.82 and its 200-day moving average price is $8.83. The stock has a market cap of $1.12 billion, a price-to-earnings ratio of -12.62 and a beta of 1.33. Amplitude has a twelve month low of $7.37 and a twelve month high of $14.42.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on AMPL. Robert W. Baird lowered their price target on shares of Amplitude from $12.00 to $10.00 and set a “neutral” rating on the stock in a research report on Friday, August 9th. Piper Sandler reduced their price objective on shares of Amplitude from $11.00 to $9.00 and set a “neutral” rating on the stock in a report on Friday, July 12th. Finally, UBS Group reduced their price objective on shares of Amplitude from $11.00 to $9.00 and set a “neutral” rating on the stock in a report on Friday, August 9th. One research analyst has rated the stock with a sell rating and six have assigned a hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus 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.