Amplitude (NASDAQ:AMPL – Get Free Report) issued its earnings results on Thursday. The company reported ($0.19) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.18), Zacks reports. The company had revenue of $73.30 million during the quarter, compared to analysts’ expectations of $71.98 million. Amplitude had a negative net margin of 30.28% and a negative return on equity of 26.15%. The firm’s quarterly revenue was up 8.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.17) earnings per share.
Amplitude Trading Down 0.4 %
AMPL traded down $0.03 during mid-day trading on Friday, hitting $7.95. 753,252 shares of the stock were exchanged, compared to its average volume of 547,830. The firm’s fifty day moving average is $8.39 and its two-hundred day moving average is $10.17. Amplitude has a 1-year low of $7.37 and a 1-year high of $14.42. The company has a market cap of $968.64 million, a PE ratio of -11.00 and a beta of 1.31.
Insider Buying and Selling
In related news, Director Catherine Wong sold 3,515 shares of the stock in a transaction dated Friday, May 17th. The stock was sold at an average price of $9.16, for a total transaction of $32,197.40. Following the transaction, the director now owns 82,820 shares of the company’s stock, valued at approximately $758,631.20. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 28.71% of the stock is owned by corporate insiders.
Analyst Upgrades and Downgrades
Check Out Our Latest Stock Analysis on Amplitude
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.
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