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

Amplitude (NASDAQ:AMPL) posted its quarterly earnings results on Wednesday. The company reported $0.02 earnings per share for the quarter, beating the consensus estimate 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 period in the previous year, the firm earned $0.03 earnings per share. Amplitude’s quarterly revenue 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 Price Performance

AMPL traded up $0.10 during trading on Friday, reaching $10.01. 1,741,126 shares of the stock were exchanged, compared to its average volume of 1,551,274. The stock’s 50 day moving average price is $10.63 and its two-hundred day moving average price is $11.32. Amplitude has a twelve month low of $7.55 and a twelve month high of $14.88.

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. Robert W. Baird lowered their price objective on shares of Amplitude from $16.00 to $14.00 and set an “outperform” rating on the stock in a research note on Thursday. Needham & Company LLC boosted their price objective on shares of Amplitude from $16.00 to $18.00 and gave the stock a “buy” rating in a report on Thursday, August 7th. DA Davidson reiterated a “buy” rating and issued a $16.00 target price on shares of Amplitude in a research note on Monday, September 29th. UBS Group raised Amplitude from a “neutral” rating to a “buy” rating and set a $13.00 target price on the stock in a research report on Friday, October 31st. Finally, Piper Sandler reaffirmed an “overweight” rating and issued a $16.00 price target on shares of Amplitude in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Amplitude presently has an average rating of “Moderate Buy” and an average target price of $14.40.

Insider Activity

In other 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 transaction of $101,200.00. Following the sale, the director directly owned 107,406 shares of the company’s stock, valued at approximately $1,086,948.72. This trade represents a 8.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In the last quarter, insiders have sold 27,500 shares of company stock worth $297,750. Company insiders own 23.83% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Alliancebernstein L.P. grew its stake in Amplitude by 2,126.0% in the 2nd quarter. Alliancebernstein L.P. now owns 4,160,481 shares of the company’s stock worth $51,590,000 after buying an additional 3,973,575 shares in the last quarter. Squarepoint Ops LLC lifted its stake in Amplitude by 932.3% during the second quarter. Squarepoint Ops LLC now owns 529,050 shares of the company’s stock worth $6,560,000 after purchasing an additional 477,801 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of Amplitude by 149.4% in the 2nd quarter. Bank of America Corp DE now owns 699,824 shares of the company’s stock worth $8,678,000 after purchasing an additional 419,248 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Amplitude by 1,454.4% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 418,090 shares of the company’s stock worth $5,184,000 after purchasing an additional 391,193 shares in the last quarter. Finally, BNP Paribas Financial Markets lifted its position in Amplitude by 2,195.9% in the 2nd quarter. BNP Paribas Financial Markets now owns 305,192 shares of the company’s stock worth $3,784,000 after buying an additional 291,899 shares during the last quarter. Hedge funds and other institutional investors own 73.20% of the company’s stock.

Amplitude Company Profile

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.