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. (AMPL) provides a leading digital analytics platform that transforms user behavior data into actionable insights through its SaaS solutions. This page serves as the definitive source for verified corporate news, financial updates, and strategic developments related to the company.
Investors and industry observers will find timely updates including quarterly earnings reports, product innovation announcements, and strategic partnership details. Our curated selection ensures access to material developments that impact Amplitude's market position in digital optimization and behavioral analytics.
The resource consolidates essential information types including regulatory filings, executive leadership updates, and technology patent announcements. Each update is vetted for relevance to stakeholders tracking the competitive SaaS analytics landscape.
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Amplitude, Inc. (NASDAQ: AMPL) will release its financial results for Q1 ended March 31, 2023, after market close on May 9, 2023. A video webcast is scheduled for 2:00 PM PT the same day to discuss these results and provide guidance for Q4 2022 and the full year. Amplitude is recognized as a leading digital analytics platform, serving nearly 2,000 customers, including major brands like Atlassian and NBCUniversal. The company emphasizes the importance of data-driven insights for enhancing customer experiences and driving business growth, having received high rankings in G2’s 2023 Spring Report.
Amplitude, Inc. (NASDAQ: AMPL) has appointed Nathaniel Crook as the new Chief Revenue Officer (CRO), succeeding Matt Heinz. Crook, with over 20 years of experience, will oversee global sales and partnerships as the company seeks to enhance its growth trajectory. Previously, he led the go-to-market function at Instabase and held roles at Microsoft and Cisco, showcasing his expertise in scaling sales teams.
Under Heinz’s leadership, Amplitude achieved over $230M in revenue by the end of 2022, marking a significant growth period. Crook's arrival aligns with the increasing demand for self-service digital analytics solutions, reinforcing Amplitude's position as a leader in the industry, recognized for excellence in product and mobile app analytics in G2's 2023 Spring Report.
Amplitude, Inc. has announced an expansion of its experimentation features to enhance data-driven decision-making for organizations. The new capabilities, part of Amplitude Experiment, aim to streamline A/B testing while improving user experience. Key updates include the introduction of Experiment Groups, which allow for better user segmentation, and Formula Metrics for consistent insights. A recent Nucleus Research report highlights that Amplitude's combined analytics and experimentation tools have led to an average cost reduction of 20% and a 3x increase in user signups. These enhancements are designed to drive quicker ROI and improve overall business metrics.
Amplitude, a leading digital analytics platform, announced that CEO Spenser Skates will present at key investor events in San Francisco. The first presentation is at the Morgan Stanley Technology, Media & Telecom Conference on March 6, 2023, at 3:20 p.m. PT, followed by the KeyBanc Capital Markets Emerging Technology Summit on March 7, 2023, at 10:00 a.m. PT. Live webcasts will be available on Amplitude's investor relations page. With nearly 2,000 clients, including major brands, Amplitude delivers valuable insights into customer behavior to enhance product experiences.
Amplitude, Inc. (NASDAQ: AMPL) has appointed Criss Harms as the new CFO following the transition of Hoang Vuong. Harms brings over 30 years of finance experience, having been CFO at Forescout Technologies and held roles at IBM and British Telecom. His appointment aligns with Amplitude's growth strategy in the digital analytics sector. Harms expressed optimism about Amplitude's potential, highlighting the importance of product-led growth and digital analytics in enhancing customer interactions. The company serves nearly 2,000 customers, including major brands like Shopify and NBCUniversal, positioning itself as a leader in digital analytics.
Amplitude, Inc. (Nasdaq: AMPL) reported a strong fourth quarter with revenue hitting $65.3 million, a 32% increase year-over-year. For fiscal 2022, revenue reached $238.1 million, up 42%. Current Remaining Performance Obligations also grew by 39% to $190.6 million. However, the company faced a GAAP loss from operations of $(25.8 million) in Q4 2022. The total number of paying customers increased by 25% to 1,994. Amplitude expects to maintain growth amid increased investment in its product and execution capabilities, supported by a customer base showing strong dollar-based net retention at 119%.
