AMPL Stock Recent News

Investors interested in stocks from the Technology Services sector have probably already heard of Qifu Technology, Inc. (QFIN) and Amplitude, Inc. (AMPL). But which of these two stocks is more attractive to value investors?

Amplitude, Inc. (NASDAQ:AMPL ) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Yaoxian Chew - Vice President, Investor Relations Spenser Skates - Chief Executive Officer & Founder Andrew Casey - Chief Financial Officer Conference Call Participants George McGregor-Henon - Bank of America Brent Bracelin - Piper Matt Pryde - Citi Willow Ahn - Blair Jack Nichols - KeyBanc Elizabeth Porter - Morgan Stanley Clark Wright - DA Davidson Operator Yaoxian Chew During today's call, management will make forward-looking statements, including statements regarding our financial outlook for the fourth quarter and full year 2024, the expected performance of our products, our expected quarterly and long-term growth investments, and our overall future prospects. These forward-looking statements are based on current information, assumptions, and expectations and are subject to risks and uncertainties, some of which are beyond our control that could cause actual results to

The headline numbers for Amplitude (AMPL) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Amplitude is undervalued at 2x EV/NTM Sales, with a market cap of $1 billion, down 90% from its $10 billion peak. AMPL leads in product analytics, poised for growth with simplified user experience and expanding enterprise penetration. Revenue growth and NRR are expected to re-accelerate in 2025, with NRR bottoming out in Q3 '24 at ~95%.

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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 of 2024 after market close on Thursday, November 7, 2024. 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 2024. The webcast will be available on the Investor Relations section of Amplitude's website at.

Investors looking for stocks in the Technology Services sector might want to consider either Smiths Group PLC (SMGZY) or Amplitude, Inc. (AMPL). But which of these two stocks offers value investors a better bang for their buck right now?

Amplitude said it's moved past its biggest contract resets from the pandemic. Its software is emerging is a crucial tool for generative AI companies.

Upgraded rating from hold to buy due to potential growth acceleration in the coming quarters. 2Q24 earnings showed positive growth, strong billings, and raised revenue guidance. New Amplitude product launch expected to drive further growth acceleration.

Amplitude, Inc. (NASDAQ:AMPL ) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET Company Participants Yaoxian Chew - Vice President, Investor Relations Spenser Skates - Chief Executive Officer & Founder Andrew Casey - Chief Financial Officer Mike Dean - Vice President, Corporate Controller Conference Call Participants Koji Ikeda - Bank of America Arjun Bhatia - Blair Nick Altmann - Scotia Rob Oliver - Baird Claire Gerdes - USB Jackson Ader - KeyBanc Elizabeth Porter - Morgan Stanley Clark Wright - DA Davidson Yaoxian Chew Hello, everyone. Welcome to Amplitude's Second Quarter 2024 Earnings Conference Call.