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) announced Q3 2021 revenue of $45.5M, a 72% increase year-over-year, with current remaining performance obligations rising to $125.9M (up 66%). The company reported a GAAP loss from operations of $(36.8M) and a net loss per share of $(0.93). Notably, the number of paying customers grew by 54% to 1,417. The dollar-based net retention rate increased to 121%.
Looking ahead, Amplitude remains optimistic about its market opportunities and innovation potential.
RudderStack partners with Amplitude (Nasdaq: AMPL) to enhance product insights for businesses. This collaboration integrates RudderStack's real-time customer data platform with Amplitude’s digital optimization system, allowing organizations to access and analyze user behavior data efficiently. Benefits include real-time event data delivery, comprehensive user insights across platforms, and simplified analytics for actionable decision-making. This partnership aims to enable companies to leverage data for accelerated innovation and improved business outcomes.
Amplitude, Inc. (NASDAQ: AMPL), a leader in digital optimization, will announce its third-quarter financial results for the period ending September 30, 2021, on November 9, 2021, after market close. A video webcast will follow at 2:00 PM PT to discuss results and future outlook. With over 1,200 paying customers, including 26 from the Fortune 100, Amplitude continues to solidify its position in the market. For more information, the webcast will be available on the Investor Relations section of Amplitude's website.
Amplitude, Inc. (Nasdaq:AMPL) announces the appointment of Jim Whitehurst to its board of directors, bringing invaluable expertise from his previous roles at Red Hat and IBM. Whitehurst's leadership experience in scaling organizations and promoting innovation aligns with Amplitude's goals in digital optimization. CEO Spenser Skates emphasized the significance of Whitehurst's vision for the future of data-driven product development. Amplitude serves over 1,200 customers, including 26 Fortune 100 companies, further solidifying its position in the industry.
Amplitude, Inc. (NASDAQ:AMPL) announced that CEO Spenser Skates will host an 'Ask Me Anything' (AMA) on September 29, 2021, at 9 AM PT. The AMA follows Amplitude's direct listing on the Nasdaq Capital Market and invites customers, partners, and investors to ask questions about the company's vision and products. Skates aims to promote transparency by engaging directly with the community. However, he will not address questions on valuation, stock price, or non-public financials. Amplitude has over 1,200 paying customers, including 26 Fortune 100 companies.