AMPL Stock Recent News

Investors with an interest in Technology Services stocks have likely encountered both Qifu Technology, Inc. (QFIN) and Amplitude, Inc. (AMPL). But which of these two companies is the best option for those looking for undervalued stocks?

Amplitude provides a digital analytics platform for understanding user behavior in digital products. AMPL stock has experienced a significant decline since its IPO, but there is potential for a rebound. The demand for data-driven decision making and Amplitude's unique offerings position the company for accelerated growth beyond temporary headwinds today.

The product analytics specialist missed top-line estimates and offered weak guidance. The company expects growth to improve in the second half of the year.

Amplitude announced mixed quarterly results despite solid recurring revenue growth and improvements in free cash flow. The digital-analytics platform provider issued light forward guidance for 2024.

Amplitude, Inc. (AMPL) Q4 2023 Earnings Call Transcript

Amplitude, Inc. (AMPL) came out with quarterly earnings of $0.04 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to loss of $0.03 per share a year ago.

Amplitude is seeing interest from generative AI start-ups like Midjourney and Character.ai. The software company could be a big winner from a boom in artificial intelligence.

Amplitude, Inc. (NASDAQ:AMPL ) Q3 2023 Earnings Conference Call November 7, 2023 5:00 PM ET Company Participants Yaoxian Chew - VP, IR Spenser Skates - Co-Founder, CEO & Chairperson Christopher Harms - CFO, Principal Financial Officer, Principal Accounting Officer & Treasurer Conference Call Participants Koji Ikeda - Bank of America Merrill Nick Altman - Scotia Clark Jeffries - Piper Tyler Radke - Citi Patrick Schultz - Baird Taylor McGinnis - UBS Michael Vidovic - KeyBanc Yaoxian Chew Hello, everyone. Welcome to Amplitude's Third Quarter 2023 Earnings Conference Call.

SAN FRANCISCO--(BUSINESS WIRE)--Amplitude, Inc. (Nasdaq: AMPL), a leading digital analytics platform, today announced that it will release its financial results for the third quarter ended September 30, 2023 after market close on Tuesday, November 7, 2023. Amplitude will host a video webcast that day at 2:00 PM PT to discuss its financial results and provide its financial outlook for the fourth quarter and full year 2023. The webcast will be available on the Investor Relations section of Amplit.

SAN FRANCISCO--(BUSINESS WIRE)--Amplitude, Inc. (Nasdaq: AMPL), a leading digital analytics platform, today announced that Criss Harms, chief financial officer, will present at the following investor events: Citi's 2023 Global Technology Conference in New York on Wednesday, September 6 at 1:45 pm EST. Piper Sandler's Growth Frontiers Conference in Nashville on Tuesday, September 12 at 1:00 pm CDT. Live webcasts of these presentations will be accessible from the investor relations page of Amplit.