NASDAQ$AMPL
Amplitude Inc · Q2 2023 earnings
Q2 2023 earnings · · Investor relations
Briefing
Amplitude reported second quarter financial results, demonstrating revenue growth and increased customer base.
Amplitude's second quarter revenue reached $67.8 million, a 17% increase year-over-year. The number of paying customers grew by 28% to 2,344. The company also announced a suite of AI-powered features to help companies build great digital products.
- Second quarter revenue was $67.8 million, up 17% year-over-year.
- The number of paying customers increased by 28% year-over-year to 2,344.
- Cash Flow from Operations was $20.4 million and Free Cash Flow was $19.3 million.
- A suite of AI-powered features were announced to help companies build great digital products.
Headline financials
Revenue & EPS history
Amplitude · Revenue · Quarterly
$67.8M
Forward guidance
The company expects revenue between $69.7 million and $70.3 million for the third quarter of 2023 and between $273.6 million and $275.6 million for the full year 2023. Non-GAAP operating income is expected to be between $0.6 million and $1.0 million for the third quarter and between $(7.6) million and $(5.2) million for the full year. Non-GAAP net income per share, diluted is expected to be between $0.02 and $0.03 for the third quarter and between $0.02 and $0.04 for the full year.
Tailwinds
- Revenue is expected to be between $69.7 million and $70.3 million for Q3 2023
- Revenue is expected to be between $273.6 million and $275.6 million for the full year 2023
- Non-GAAP operating income to be between $0.6 million and $1.0 million for Q3 2023
- Non-GAAP operating income to be between $(7.6) million and $(5.2) million for the full year 2023
- Non-GAAP net income per share, diluted is expected to be between $0.02 and $0.03 for Q3 2023
Headwinds
- An outlook for GAAP loss from operations has not been provided
- An outlook for GAAP operating margin has not been provided
- An outlook for GAAP net income has not been provided
- An outlook for GAAP net income per share has not been provided
- The impact of restructuring charges are excluded from non-GAAP operating income and non-GAAP net income per common share business outlook
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 Q2 2023
-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 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro