Amplitude (NASDAQ:AMPL) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:00 PM.
Here’s what investors need to know about the announcement.
Earnings
Amplitude beat estimated earnings by 33.33%, reporting an EPS of $-0.04 versus an estimate of $-0.06.
Revenue was up $13.41 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 13.68% drop in the share price the next day.
Here’s a look at Amplitude’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.04 | -0.08 | -0.12 | -0.10 |
| EPS Actual | -0.03 | -0.03 | -0.08 | -0.07 |
| Revenue Estimate | 63.59M | 60.15M | 55.22M | 50.83M |
| Revenue Actual | 65.26M | 61.61M | 58.13M | 53.06M |
To track all earnings releases for Amplitude visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
