Amplitude (NASDAQ:AMPL) Announces Earnings Results, Beats Expectations By $0.01 EPS

Amplitude (NASDAQ:AMPLGet Free Report) issued its earnings results on Wednesday. The company reported $0.02 EPS for the quarter, beating analysts’ consensus estimates of $0.01 by $0.01, Briefing.com reports. Amplitude had a negative return on equity of 35.45% and a negative net margin of 31.36%.The firm had revenue of $88.56 million for the quarter, compared to analyst estimates of $86.29 million. During the same quarter in the prior year, the firm earned $0.03 earnings per share. Amplitude’s revenue for the quarter was up 17.8% on a year-over-year basis. Amplitude updated its FY 2025 guidance to 0.060-0.08 EPS and its Q4 2025 guidance to 0.040-0.05 EPS.

Amplitude Stock Performance

Shares of AMPL stock traded up $0.10 on Friday, reaching $10.01. 1,741,126 shares of the company were exchanged, compared to its average volume of 1,302,506. Amplitude has a 1 year low of $7.55 and a 1 year high of $14.88. The business has a 50-day moving average price of $10.63 and a 200 day moving average price of $11.32. The company has a market cap of $1.02 billion, a price-to-earnings ratio of -12.51 and a beta of 1.51.

Insider Transactions at Amplitude

In related news, Director Erica Schultz sold 10,000 shares of Amplitude stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $10.12, for a total value of $101,200.00. Following the sale, the director directly owned 107,406 shares in the company, valued at approximately $1,086,948.72. The trade was a 8.52% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In the last 90 days, insiders sold 27,500 shares of company stock valued at $297,750. Insiders own 23.83% of the company’s stock.

Institutional Investors Weigh In On Amplitude

Large investors have recently modified their holdings of the business. Osaic Holdings Inc. raised its position in Amplitude by 57.8% in the second quarter. Osaic Holdings Inc. now owns 5,132 shares of the company’s stock valued at $64,000 after purchasing an additional 1,879 shares during the period. Tower Research Capital LLC TRC raised its holdings in Amplitude by 86.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 10,477 shares of the company’s stock valued at $130,000 after buying an additional 4,858 shares during the period. Caxton Associates LLP acquired a new position in Amplitude in the first quarter valued at about $131,000. Prudential Financial Inc. acquired a new position in Amplitude in the second quarter valued at about $132,000. Finally, Diversify Advisory Services LLC purchased a new position in Amplitude during the second quarter worth about $143,000. Hedge funds and other institutional investors own 73.20% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently commented on AMPL. Robert W. Baird dropped their price objective on shares of Amplitude from $16.00 to $14.00 and set an “outperform” rating on the stock in a report on Thursday. UBS Group raised shares of Amplitude from a “neutral” rating to a “buy” rating and set a $13.00 price target on the stock in a report on Friday, October 31st. Weiss Ratings reiterated a “sell (e+)” rating on shares of Amplitude in a research note on Wednesday, October 8th. DA Davidson restated a “buy” rating and issued a $16.00 target price on shares of Amplitude in a research note on Monday, September 29th. Finally, Wall Street Zen lowered Amplitude from a “buy” rating to a “hold” rating in a report on Sunday, July 20th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Amplitude presently has an average rating of “Moderate Buy” and a consensus price target of $14.40.

Check Out Our Latest Research Report on Amplitude

About Amplitude

(Get Free Report)

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.

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Earnings History for Amplitude (NASDAQ:AMPL)

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