Amplitude Inc Stock Price, News & Analysis

Amplitude (Nasdaq: AMPL), a leading digital analytics platform, has appointed Wade Chambers as its first Chief Engineering Officer. With over 25 years of engineering leadership experience, Chambers will lead Amplitude's Engineering organization and strengthen its product innovation. This appointment follows recent company developments, including:

1. The release of Amplitude Made Easy, a simplified platform experience
2. Launch of Snowflake Native Amplitude
3. A strategic partnership with HubSpot
4. Enhanced data governance capabilities

Chambers, who has been an advisor to Amplitude since 2016, brings extensive experience from roles at Included Health, Twitter, TellApart, Proofpoint, Yahoo, Opsware, and Netscape. His appointment aims to further expand Amplitude's integrated platform, which currently includes Analytics, Session Replay, CDP, and Experiment.

Amplitude (NASDAQ: AMPL) and HubSpot (NYSE: HUBS) have announced a strategic partnership at INBOUND 2024 to enhance product-led growth for Go To Market (GTM) teams. The collaboration integrates Amplitude's digital analytics with HubSpot's Smart CRM, enabling teams to:

1. Leverage enhanced Lead Scoring with product usage insights
2. Utilize Customer Health Scoring for better expansion timing and churn prevention
3. View Amplitude charts in HubSpot dashboards
4. Target customer cohorts based on product usage
5. Analyze marketing campaign performance with combined data

The partnership aims to provide GTM teams with a unified view of customer behavior, improving lead prioritization, sales conversion, and customer retention. Joint customers like UserGuiding have reported significant boosts in sales conversions and operational efficiency.

Amplitude, Inc. (Nasdaq: AMPL) has unveiled a radically simplified digital analytics platform experience, making it easier for organizations to gain customer insights and improve products. The new platform, Amplitude Made Easy, allows teams to:

• Set up with just one line of code
• Access out-of-the-box insights
• Utilize an AI-powered query engine

Key features include one-line code setup, autocapture for user interactions, Ask Amplitude for AI-powered answers, and a Template Gallery. These improvements aim to remove barriers in data analysis and accelerate value creation for users across various teams.

Amplitude announced its Q2 2024 financial results. Annual Recurring Revenue (ARR) reached $290 million, up 8% YoY. Q2 revenue was $73.3 million, also up 8% YoY. However, Free Cash Flow showed a 19 percentage point decrease to $6.8 million. GAAP Net Loss per share improved to $0.19 from $0.24, but Non-GAAP Net Income per share fell from $0.02 to $(0.00). Operational cash flow decreased significantly from $20.4 million to $9.2 million.

Amplitude's customer base grew by 38%, with 547 customers contributing $100,000 or more in ARR. Key business developments include the appointment of Andrew Casey as CFO, being named a Leader in The Forrester Wave™ report, and launching new integrations and offerings.

Amplitude (Nasdaq: AMPL) has been named the Leader in The Forrester Wave™: Feature Management And Experimentation Solutions, Q3 2024. The company achieved the highest score possible in 11 criteria, including advanced experimentation, audience segmentation, data security, and analytics. Forrester praised Amplitude's vision, intuitive UI, and pricing.

Amplitude's unified platform combines analytics, feature management, experimentation, and data management, enabling product, engineering, data, and marketing teams to collaborate across the entire product lifecycle. The report highlights Amplitude's strength in delivering top-notch analytics to each phase of product development and delivery.

Customers like Coursera, Evaneos, and Super.com use Amplitude Experiment for product testing and personalization. The company also ranked number one in 17 categories in G2's Summer 2024 report, including Product Analytics for the 16th consecutive quarter.

Amplitude (Nasdaq: AMPL), a leading digital analytics platform, has appointed Andrew Casey as its new Chief Financial Officer (CFO). With over 25 years of enterprise software experience, Casey will lead Amplitude's General & Administrative organization, overseeing finance, accounting, and legal operations. Casey's background includes significant roles at companies like Lacework, WalkMe, ServiceNow, and Hewlett-Packard.

CEO Spenser Skates expressed confidence in Amplitude's future, citing Casey's extensive experience and strategic vision as valuable assets for the company's growth acceleration. Casey, who led Lacework's acquisition by Fortinet and WalkMe's IPO, emphasized Amplitude's potential in addressing universal focus areas of customer experience and digital product experience.

Amplitude (Nasdaq: AMPL), a leading digital analytics platform, has appointed Lee Edwards as the new Vice President of Sales in EMEA. With over 25 years of experience in the European tech industry, Edwards will focus on driving customer adoption across the UK, France, and Germany. This appointment follows recent product innovations, including the general availability of Amplitude's Snowflake native offering and new integrations to maximize ROI.

Edwards joins Amplitude from Oracle's UK and Ireland applications business, bringing extensive experience in analytics and working with EMEA customers. Amplitude's platform, which includes features like Session Replay, helps companies understand customer behavior and build better digital products. The company currently works with nearly 3,000 customers globally, including notable EMEA brands such as Skyscanner, Klarna, and Decathlon SE.

Amplitude (Nasdaq: AMPL), a leading digital analytics platform, has announced it will release its Q2 2024 financial results after market close on Thursday, August 8, 2024. The company will host a video webcast at 2:00 PM PT on the same day to discuss the results and provide financial outlook for Q3 and full year 2024. The webcast will be accessible on Amplitude's Investor Relations website at investors.amplitude.com, with a replay available shortly after the event concludes.

Amplitude, a leading digital analytics platform, announces six new and expanded integrations to help businesses understand customer behavior and enhance user experiences. The company introduces a new integration portal that simplifies and accelerates the development of integrations. Among the new integrations are partnerships with Contentful, HubSpot, WordPress, Humanic.ai, Moveable Ink, and unitQ.

The integrations offer a range of functionalities, including no-code testing for marketing, enhanced email campaign analysis, easy website data ingestion, personalized content delivery, and improved user feedback analysis. Amplitude's expanded ecosystem now includes over 130 integrations, providing customers with extensive options for data management and insights.