Welcome to our dedicated page for Amplitude news (Ticker: AMPL), a resource for investors and traders seeking the latest updates and insights on Amplitude stock.
Amplitude, Inc. reports developments for its AI analytics platform, a subscription-based digital analytics service used by product, data, and marketing teams to analyze, test, and optimize digital experiences. Company news commonly covers quarterly results, annual recurring revenue, remaining performance obligations, enterprise and multi-product adoption, and financial outlook.
Updates also include product releases such as Amplitude AI Assistant and AI Agents embedded across the platform, research on AI use in business, management participation in technology investor conferences, and leadership changes tied to product and commercial operations.
Amplitude, Inc. (Nasdaq: AMPL) reported a robust fourth quarter 2021 with revenue of $49.4M, reflecting a 64% increase year-over-year. Total fiscal year revenue reached $167.3M, up 63% from 2020. The company experienced a 54% rise in paying customers to 1,597 and reported a 123% dollar-based net retention rate. Despite these gains, GAAP net loss per share slightly improved to $(0.20) from $(0.21) in Q4 2020. The company’s current remaining performance obligations stood at $137.3M, up 60% year-over-year.
Amplitude, Inc. (NASDAQ: AMPL) has announced the return of its Amplify 2022 conference from May 24-26 in Las Vegas, Nevada. This hybrid event will gather product leaders to discuss strategies for innovation and growth in digital products. With a focus on the evolving role of product leaders, the conference promises keynotes and networking opportunities with industry experts. The Pioneer Awards will honor individuals who leverage data for business growth. Registration is open now.
Amplitude, Inc. (NASDAQ: AMPL) will release its financial results for the fourth quarter and full year 2021 on February 16, 2022, after market close. The company will host a video webcast at 2:00 PM PT to discuss these results and provide guidance for the first quarter and full year 2022. Amplitude helps over 1,400 customers innovate through its digital optimization software, making critical data accessible for better business outcomes.
Amplitude, Inc. (NASDAQ: AMPL) highlights significant growth in 2021, driven by the introduction of its Digital Optimization System. The company launched products like Amplitude Recommend and Amplitude Experiment to enhance digital customer understanding. Amplitude was recognized on G2's lists, ranking #1 in multiple analytics categories, and expanded its customer base with notable companies. Its Partner Ecosystem now includes over 60 partners, enhancing its market footprint. The firm also made strategic board additions to fuel growth, reinforcing its commitment to digital optimization.
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Immersive Labs, a leader in enhancing cyber capabilities, has appointed Jennifer Johnson to its Board of Directors. Johnson, a four-time CMO with extensive experience in the cybersecurity sector, previously served at Tenable and Tanium. Her expertise in category creation and go-to-market strategies is expected to help the company capitalize on its $123 million venture capital funding and drive significant growth. CEO James Hadley believes her experience will be crucial in articulating the company's vision for risk control across the workforce.
Amplitude, Inc. (NASDAQ: AMPL) announced its participation in significant investor events. CFO Hoang Vuong will present at the 5th Annual Virtual Wells Fargo TMT Summit on November 30, 2021, at 8:20 a.m. PT. CEO Spenser Skates and CFO Hoang Vuong will also present at the UBS Global TMT Virtual Conference on December 7, 2021, at 12:00 p.m. PT. Live webcasts of these presentations can be accessed via the investor relations page on Amplitude's website. Amplitude is a leader in digital optimization software, serving over 1,400 customers including major brands like Atlassian and Shopify.
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Amplitude, Inc. has launched a new EU data centre in Frankfurt, Germany, aimed at supporting its expanding customer base in Europe. This facility adheres to strict EU data privacy standards, including GDPR compliance and certifications in ISO 27001 and SOC 2 Type II. By partnering with Amazon Web Services, Amplitude enhances data storage, ingestion, and visualisation capabilities while prioritising security and privacy. This investment is part of Amplitude's commitment to improving digital product analytics and customer experience in the region.
Amplitude, Inc. (NASDAQ: AMPL) announced a new integration with Snowflake that allows users to seamlessly import data and gain insights into customer behavior. This partnership enables teams across organizations to break down data silos and unlock real-time analysis for product innovation and revenue growth. Businesses like Square have benefited from this integration, enhancing their understanding of customers through actionable data. The integration enhances data quality and governance, facilitating faster decision-making and deeper insights for both technical and non-technical users.