Why Amplitude Stock Dropped Today
Amplitude(AMPL) The Motley Fool·2024-02-22 09:26
Shares of Amplitude (AMPL -16.13%) fell 16.3% on Wednesday after the digital-analytics platform provider announced mixed quarterly results and disappointing forward guidance. Amplitude's "strong" quarter just wasn't enough Amplitude's fourth-quarter 2023 revenue grew 9% year over year to 0.04 per share. Analysts, on average, were only expecting earnings of $0.03 per share, but on slightly higher revenue. The company's number of paying custome ...