NASDAQ$AMPL
Amplitude Inc · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Amplitude announced financial results for the first quarter ended March 31, 2024.
Amplitude's Q1 2024 showed a 9% year-over-year increase in revenue, reaching $72.6 million. The company's annual recurring revenue (ARR) also increased by 9% year-over-year to $285 million. Free cash flow improved by $4.7 million year over year.
- Annual recurring revenue was $285 million, up 9% year over year.
- First quarter revenue was $72.6 million, up 9% year over year.
- GAAP Net Loss per share was $0.18, based on 120.8 million shares.
- Non-GAAP Net Income per share was $0.01, based on 130.9 million diluted shares.
Headline financials
Revenue & EPS history
Amplitude · Revenue · Quarterly
$72.6M
Forward guidance
The company expects revenue between $71.7 - $72.3 million for the second quarter of 2024 and between $292.5 - $295.5 million for the full year 2024.
Tailwinds
- Revenue guidance for Q2 2024 is $71.7 - $72.3 million.
- Revenue guidance for full year 2024 is $292.5 - $295.5 million.
- Non-GAAP Operating Income (Loss) guidance for full year 2024 is $(1.0) - $2.0 million.
- Non-GAAP Net Income (Loss) Per Share guidance for full year 2024 is $0.07 - $0.09.
- Weighted Average Shares Outstanding is 122.5 million, basic and 133.5 million, diluted.
Headwinds
- Non-GAAP Operating Income (Loss) guidance for Q2 2024 is $(4.4) - $(3.8) million.
- Non-GAAP Net Income (Loss) Per Share guidance for Q2 2024 is $(0.02) - $(0.01).
- An outlook for GAAP income (loss) from operations has not been provided.
- An outlook for GAAP net income (loss) has not been provided.
- An outlook for GAAP net income (loss) per share has not been provided.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2024
-4.1%
Avg return
Earnings day
-3.2%
Avg return
5 days after
-4.8%
Avg return
30 days after
42%
8 / 19 earnings
Positive
+22.1%
Q2 2022
Best reaction
-61.3%
Q4 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -21.4% | -17.8% | +1.9% | |
| Q4 2025 | -0.3% | -4.9% | -2.4% | |
| Q3 2025 | +2.8% | +16.0% | +15.8% | |
| Q1 2025 | +11.2% | +25.3% | +35.2% | |
| Q4 2024 | +21.9% | +8.2% | -1.7% | |
| Q3 2024 | -0.8% | +5.3% | +14.9% | |
| Q2 2024 | +2.2% | +10.8% | +10.3% | |
| Q1 2024 | -3.4% | -1.1% | -12.0% | |
| Q4 2023 | -16.3% | -14.4% | -18.4% | |
| Q3 2023 | +0.2% | -1.9% | +7.8% | |
| Q2 2023 | +6.0% | +5.5% | +17.9% | |
| Q1 2023 | -7.8% | -14.0% | -12.2% | |
| Q4 2022 | -8.5% | -8.0% | -23.7% | |
| Q3 2022 | -11.9% | -15.4% | -18.1% | |
| Q2 2022 | +22.1% | +24.1% | -0.1% | |
| Q1 2022 | +0.7% | -8.3% | +11.1% | |
| Q4 2021 | -61.3% | -53.3% | -59.3% | |
| Q3 2021 | -6.9% | -8.0% | -29.4% | |
| Q4 2020 | -6.9% | -8.0% | -29.4% | |
| Q2 2021 | — | — | — | |
| Q3 2020 | — | — | — | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — |
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