Amplitude Inc Stock Price, News & Analysis

Amplitude, Inc. (NASDAQ: AMPL) will announce its third-quarter financial results for the period ending September 30, 2022, after market close on November 2, 2022. A video webcast will follow at 2:00 PM PT to discuss these results and provide an outlook for the fourth quarter and full year 2022. Amplitude's digital analytics platform is trusted by over 1,800 customers to enhance their product experiences and drive revenue growth.

Amplitude, Inc. has announced the appointment of Tifenn Dano Kwan as its new Chief Marketing Officer. With significant experience in driving product-led growth, Dano Kwan will lead Amplitude’s marketing strategy and report directly to President Thomas Hansen. Her previous roles include CMO at Collibra and Dropbox, focusing on customer-centric and data-driven approaches. Dano Kwan aims to enhance Amplitude's digital analytics platform, which ranks #1 in product analytics for nine consecutive quarters according to the G2 Fall 2022 Report.

CrowdStrike announced the appointment of Jennifer Johnson as its new Chief Marketing Officer, bringing over 20 years of experience in software marketing, particularly in cybersecurity. Johnson previously held leadership roles at Tenable (NASDAQ: TENB) and Amplitude (NASDAQ: AMPL), helping both companies through successful public offerings. Under her guidance, CrowdStrike aims to enhance brand awareness and global communications as it continues its impressive growth, having recently crossed $500 million in quarterly revenue and added a record 1,741 new subscription customers.

Amplitude, Inc. (Nasdaq: AMPL) reported a revenue of $58.1 million for Q2 2022, marking a 48% year-over-year increase. The company's remaining performance obligations rose to $170.2 million, up 46% year-over-year. However, GAAP loss from operations was $(24.6) million, compared to $(9.7) million in Q2 2021. Despite these losses, cash flow showed improvement, with $10.6 million net cash from operations. Amplitude also experienced a 43% growth in paying customers, reaching 1,836.

Amplitude, Inc. (NASDAQ: AMPL) will release its financial results for Q2 2022 on August 3, 2022, after market close. A video webcast to discuss the results and third-quarter outlook will begin at 2:00 PM PT the same day. Amplitude's Digital Optimization System serves nearly 1,600 clients including major brands like Atlassian and Shopify, emphasizing the company's role in enhancing digital product performance. The webcast will be available on the investor relations website, along with a replay shortly after the event.

Amplitude, Inc. (Nasdaq: AMPL) appoints Thomas Hansen as its first President to enhance its global go-to-market strategy. Hansen, with nearly 30 years of experience, will oversee revenue, operations, and marketing. Previously, he held key leadership roles at UiPath, Carbon Black, and Dropbox, contributing significantly to their growth and public offerings. The company aims to leverage Hansen's expertise to capture growth opportunities amidst changing market conditions, while enhancing its product analytics suite.

Amplitude, Inc. has been recognized as a Strong Performer in The Forrester Wave™: Customer Analytics Technologies, Q2 2022, achieving 5/5 scores in eight criteria, including product vision and customer journey analytics. The recognition underscores Amplitude’s commitment to data-driven decision-making, which is crucial for businesses amid economic uncertainty. The company's Digital Optimization System enables both technical and non-technical teams to leverage behavioral insights, ensuring improved customer experiences and measurable growth.

Amplitude, Inc. (NASDAQ: AMPL) has introduced new Campaign Reporting tools to enhance digital marketing performance tracking. This feature allows teams to analyze acquisition channels, correlate marketing efforts with product KPIs, and understand return on ad investments. Key innovations include outcome-focused metrics and data tables for streamlined reporting. The integration of marketing and product analytics aims to close the gap between these functionalities, enabling better business decisions. The company emphasizes its commitment to providing actionable insights across the customer journey.

Amplitude, Inc. has announced a significant expansion of its partnership with Snowflake, introducing a new data-sharing integration that enhances cross-platform access to customer insights. This integration allows Snowflake customers to access actionable data within Amplitude without needing to export data. The partnership aims to provide organizations with better tools to understand customer behaviors and improve product experiences, ultimately fostering business growth. This integration will be available in Q3 2022, offering organizations increased flexibility in managing their data.