Amplitude Inc reports results for the quarter ended September 30 - Earnings Summary

• Amplitude Inc AMPL.OQ reported quarterly adjusted earnings of 3 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 5 cents. The mean expectation of nine analysts for the quarter was for earnings of one cent per share. Wall Street expected results to range from zero cents to 2 cents per share.

• Revenue rose 6.5% to $75.22 million from a year ago; analysts expected $74.12 million.

• Amplitude Inc's reported EPS for the quarter was a loss of 14 cents​.

• The company reported a quarterly loss of $16.85 million.

• Amplitude Inc shares had risen by 16.9% this quarter and lost 17.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 8 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the software peer group is also "hold"

Wall Street's median 12-month price target for Amplitude Inc is $11.00

This summary was machine generated from LSEG data November 8 at 09:05 p.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)