Amplitude Inc reports results for the quarter ended March 31 - Earnings Summary

• Amplitude Inc AMPL.OQ reported quarterly breakeven results​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 1 cents. The mean expectation of ten analysts for the quarter was for a loss of one cent per share. Wall Street expected results to range from -2 cents tozero cents per share.

• Revenue rose 10.1% to $79.95 million from a year ago; analysts expected $79.75 million.

• Amplitude Inc's reported EPS for the quarter was a loss of 17 cents​.

• The company reported a quarterly loss of $22.23 million.

• Amplitude Inc shares had fallen by 8.0% this quarter and lost 11.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 172.3% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the software peer group is also "buy"

• Wall Street's median 12-month price target for Amplitude Inc is $13.00

This summary was machine generated from LSEG data May 8 at 01:28 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)