Amplitude Q3 2024 Earnings Report
Key Takeaways
Amplitude reported Q3 2024 revenue of $75.2 million, a 6% increase year-over-year. The company's Annual Recurring Revenue (ARR) reached $298 million, up 9% year-over-year. Amplitude is focused on product innovation to drive long-term value and reaccelerate growth.
Annual Recurring Revenue was $298 million, up 9% year over year.
Third quarter revenue was $75.2 million, up 6% year over year.
Cash Flow from Operations was $6.2 million.
Free Cash Flow was $4.5 million.
Amplitude
Amplitude
Forward Guidance
The company expects revenue between $76.0 - $77.0 million for the fourth quarter of 2024 and between $297.1 - $298.1 million for the full year 2024. Non-GAAP operating income (loss) is expected to be between $(2.1) - $(0.1) million for the fourth quarter and between $(6.3) - $(4.3) million for the full year. Non-GAAP net income (loss) per share is expected to be between $0.00 - $0.01 for the fourth quarter and between $0.04 - $0.06 for the full year.