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Sep 30, 2021
Amplitude Q3 2021 Earnings Report
Announced financial results for the third quarter ended September 30, 2021.
Key Takeaways
Amplitude's revenue reached $45.5 million, a 72% increase year-over-year. The company's remaining performance obligations totaled $152.0 million, up 79% year-over-year, while current remaining performance obligations were $125.9 million, a 66% increase year-over-year. The number of paying customers grew 54% year-over-year to 1,417, and the dollar-based net retention rate was 121%.
Revenue of $45.5M, up 72% year-over-year.
Current Remaining Performance Obligations of $125.9M, up 66% year over year
Number of paying customers grew 54% year-over-year to 1,417.
Dollar-based net retention rate was 121%.
Forward Guidance
For the fourth quarter of 2021, Amplitude expects revenue between $46 and $47 million, non-GAAP loss from operations between $(9.2) and $(8.2) million, and non-GAAP net loss per share between $(0.08) and $(0.07). For the full year 2021, the company anticipates revenue between $163.8 and $164.8 million, non-GAAP loss from operations between $(18.5) and $(17.5) million, and non-GAAP net loss per share between $(0.37) and $(0.35).
Positive Outlook
- Revenue $46 - $47 million for Q4 2021
- Full Year 2021 Revenue $163.8 - $164.8 million
- Q4 2021 Non-GAAP Loss from Operations $(9.2) - $(8.2) million
- Full Year 2021 Non-GAAP Loss from Operations $(18.5) - $(17.5) million
- Q4 2021 Non-GAAP Net Loss Per Share $(0.08) - $(0.07)
Challenges Ahead
- An outlook for GAAP loss from operations has not been provided
- An outlook for GAAP net loss per share has not been provided
- The non-GAAP adjustment for stock-based compensation expense requires additional inputs such as the number and value of awards granted that are not currently ascertainable
Historical Earnings Impact
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Avg. Return Before/After Earnings
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