Amplitude Inc Stock Price, News & Analysis

Amplitude, Inc. (NASDAQ: AMPL), a leader in digital optimization software, announced CFO Hoang Vuong will present at the Baird 2022 Global Consumer, Technology & Services Conference in New York on June 7, 2022, at 3:10 p.m. ET, and at the William Blair 42nd Annual Growth Stock Conference in Chicago on June 8, 2022, at 8:40 a.m. CT. Live webcasts will be available on Amplitude's investor relations page. Over 1,700 customers, including Atlassian and Shopify, utilize Amplitude’s solutions to enhance business outcomes and customer understanding.

Amplitude, Inc. (NASDAQ: AMPL) has announced the opening of expanded offices in London and Paris, alongside the appointment of Alexa Lacroix as Vice President for the EMEA South region. With over 20 years in software sales, Lacroix will enhance Amplitude's customer base across Southern Europe, the Middle East, and Africa. The new London office aims to serve as an innovation hub, responding to increasing demand for product analytics amidst evolving privacy regulations. This expansion supports Amplitude's commitment to aiding businesses in creating better digital products.

Amplitude, Inc. (Nasdaq: AMPL) reported a robust revenue of $53.1 million for Q1 2022, reflecting a 60% increase year-over-year. Remaining Performance Obligations rose 62% to $149.6 million. Despite the growth, the company reported a GAAP loss from operations of $(22.0) million. The customer base surged 49% year-over-year, reaching 1,701 paying customers. The Dollar-based net retention rate improved to 126%. Amplitude’s future outlook remains optimistic amid ongoing investment in its Digital Optimization System.

Amplitude, Inc. (NASDAQ: AMPL) has appointed Lambert Walsh as its first Chief Customer Officer to enhance customer engagement and drive growth. Walsh brings over 25 years of experience and will oversee the customer success team, aiming to improve service and retention. Amplitude reported a 92% customer renewal rate in 2021 and has been ranked as the #1 Product Analytics solution in the G2 Spring 2022 Report. Walsh previously doubled DocuSign's customer base and held leadership roles at Adobe.

Amplitude, Inc. (NASDAQ: AMPL) will release its financial results for Q1 2022, ending March 31, after market close on May 4, 2022. The company plans to host a video webcast at 2:00 PM PT the same day to discuss the results and provide guidance for Q2 and the full year. With nearly 1,600 customers, including notable companies like Atlassian and Shopify, Amplitude is recognized as a leader in digital optimization software, helping businesses understand the impact of their digital products.

Amplitude, Inc. (NASDAQ: AMPL) has announced its availability on AWS Marketplace, enabling simplified access to its Digital Optimization System, which connects product data to business outcomes. This move allows customers globally to deploy Amplitude's analytics, experimentation, and personalization solutions through AWS. Amplitude's system is aimed at maximizing the value of digital transformation investments. The company is recognized as a leader, ranked #1 in product analytics by G2, and supports major clients like Atlassian and NBCUniversal.

Amplitude, Inc. (NASDAQ: AMPL) announced CEO Spenser Skates and CFO Hoang Vuong will present at two upcoming investor events. The first is the Morgan Stanley Technology, Media & Telecom Conference on March 8, 2022, at 3:35 p.m. PT, followed by the KeyBanc Emerging Technology Summit on March 9, 2022, at 10:30 a.m. PT. Interested parties can access a live webcast from Amplitude's investor relations page.

Amplitude has nearly 1,600 customers, including major brands like Atlassian and Shopify, utilizing its digital optimization software for enhanced business strategy.

Amplitude, Inc. (NASDAQ: AMPL) has been recognized in three Forrester Now Tech reports related to customer analytics, journey management, and real-time interaction management, which are critical for digital optimization. The reports highlight the increasing demand for a unified analytics system that offers actionable insights for improving customer experiences. Amplitude's solutions help organizations understand user behavior and drive business growth. Additionally, Amplitude ranked highly in G2’s 2022 Best Software Awards, showcasing strong customer trust in its analytics technology.

Amplitude, Inc. (NASDAQ: AMPL) announced new integrations enhancing its Digital Optimization System, including partnerships with Adobe Launch, AWS Redshift, Google BigQuery, Google Tag Manager, and MailChimp. These integrations streamline data ingestion and enable faster, more customized marketing efforts, aiming to help organizations overcome challenges in data management. Amplitude's solution is recognized as an AI for Data Analytics (AIDA) by AWS, bolstering its position as a leader in digital optimization and enabling nearly 600 organizations to better understand customer behavior.