Amplitude Q2 2022 Earnings Report
Key Takeaways
Amplitude reported revenue of $58.1 million, a 48% increase year-over-year. The company's current remaining performance obligations reached $170.2 million, up 46% year-over-year. The number of paying customers grew 43% year-over-year to 1,836, and the dollar-based net retention rate was 126%.
Revenue of $58.1 million, up 48% year-over-year
Current Remaining Performance Obligations of $170.2 million, up 46% year over year
Number of paying customers grew 43% year-over-year to 1,836
Dollar-based net retention rate as of June 30, 2022, was 126% compared to 119% as of June 30, 2021
Amplitude
Amplitude
Forward Guidance
The company expects revenue between $59.5 million and $60.5 million for Q3 2022 and between $232 million and $236 million for the full year 2022. Non-GAAP operating margin is expected to be between -16% and -17% for Q3 2022 and between -15% and -16% for the full year 2022. Non-GAAP net loss per share is expected to be between $(0.08) and $(0.07) for Q3 2022 and between $(0.36) and $(0.34) for the full year 2022.