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Sep 30, 2022
Amplitude Q3 2022 Earnings Report
Amplitude's Q3 2022 financial results were announced, demonstrating substantial year-over-year revenue growth and customer base expansion.
Key Takeaways
Amplitude reported a 35% year-over-year revenue increase, reaching $61.6 million for Q3 2022. The company's customer base grew by 35% to 1,913 paying customers, and the dollar-based net retention rate was 123%.
Revenue increased by 35% year-over-year to $61.6 million.
Current Remaining Performance Obligations (CRPO) grew by 46% year-over-year to $183.9 million.
The number of paying customers increased by 35% year-over-year, totaling 1,913.
Dollar-based net retention rate was 123% as of September 30, 2022.
Forward Guidance
For the fourth quarter of 2022, Amplitude expects revenue between $62.5 and $64.5 million, a non-GAAP operating margin between -10% and -11%, and a non-GAAP net loss per share between $(0.03) and $(0.04). For the full year 2022, the company expects revenue between $235 and $237 million, a non-GAAP operating margin between -11% and -12%, and a non-GAAP net loss per share between $(0.21) and $(0.22).
Historical Earnings Impact
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Avg. Return Before/After Earnings
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