Amplitude Q1 2024 Adj EPS $0.01 Beats undefined Estimate, Sales $72.624M Beat $72.282M Estimate
Portfolio Pulse from Benzinga Newsdesk
Amplitude (NASDAQ:AMPL) reported Q1 2024 earnings of $0.01 per share, surpassing the undefined analyst consensus estimate and marking a 125% increase from last year's losses. Sales reached $72.624M, exceeding estimates by 0.47% and showing a 9.25% year-over-year growth.
May 09, 2024 | 8:38 pm
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POSITIVE IMPACT
Amplitude reported a significant improvement in Q1 2024 earnings and sales, beating estimates and showing strong year-over-year growth.
The positive earnings report, with both earnings per share and sales exceeding analyst estimates, indicates strong financial health and operational efficiency. The significant year-over-year growth in sales and the transition from losses to profits are likely to positively influence investor sentiment and stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100