Amplitude Q2 EPS $0.00 Beat $(0.01) Est.; Sales $73.30M Beat $71.96M Estimate
Portfolio Pulse from Benzinga Newsdesk
Amplitude (NASDAQ: AMPL) reported Q2 earnings per share (EPS) of $0.00, beating the estimated loss of $(0.01). The company also reported sales of $73.30 million, surpassing the analyst consensus estimate of $71.96 million and marking an 8.16% increase from the same period last year.
August 08, 2024 | 8:20 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Amplitude (NASDAQ: AMPL) reported Q2 EPS of $0.00, beating the estimated loss of $(0.01). Sales were $73.30 million, surpassing the $71.96 million estimate and showing an 8.16% YoY increase.
Amplitude's better-than-expected EPS and sales figures, along with a significant year-over-year sales increase, are likely to positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100