NASDAQ$AMPL
Amplitude Inc · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
Announced second quarter 2024 financial results with revenue up 8% year over year.
Amplitude's second quarter 2024 results showed an 8% increase in revenue year over year, reaching $73.3 million. The company's Annual Recurring Revenue (ARR) also increased by 8% to $290 million. However, Free Cash Flow decreased year over year.
- Annual Recurring Revenue was $290 million, up 8% year over year.
- Second quarter revenue was $73.3 million, up 8% year over year.
- Cash Flow from Operations was $9.2 million.
- Free Cash Flow was $6.8 million.
Headline financials
Revenue & EPS history
Amplitude · Revenue · Quarterly
$73.3M
Forward guidance
The company expects revenue between $73.5 - $74.5 million for Q3 2024 and between $294.5 - $296.5 million for the full year 2024. Non-GAAP operating income (loss) is expected to be between $(2.2) - $(1.2) million for Q3 2024 and between $(5.0) - $(2.0) million for the full year 2024.
Tailwinds
- Revenue is expected to be between $73.5 - $74.5 million for Q3 2024.
- Revenue is expected to be between $294.5 - $296.5 million for the full year 2024.
- Non-GAAP Operating Income (Loss) is expected to be between $(2.2) - $(1.2) million for Q3 2024.
- Non-GAAP Operating Income (Loss) is expected to be between $(5.0) - $(2.0) million for the full year 2024.
- Non-GAAP Net Income (Loss) Per Share is expected to be $0.00 - $0.01 for Q3 2024.
Headwinds
- New sanctions related to Russia are expected to negatively impact Amplitude’s ability to collect receivables from customers.
- Non-GAAP Operating Income (Loss) is expected to be a loss between $(2.2) - $(1.2) million for Q3 2024.
- Non-GAAP Operating Income (Loss) is expected to be a loss between $(5.0) - $(2.0) million for the full year 2024.
- An outlook for GAAP income (loss) from operations 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 Q2 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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