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Sep 30, 2024
Amplitude Q3 2024 Earnings Report
Amplitude's Q3 2024 financial results were announced, showing revenue growth and progress towards reaccelerating growth.
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.
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.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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