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Investing.com -- Amplitude , Inc. (NASDAQ:AMPL) reported better-than-expected second quarter revenue, sending shares up 4.8% as the digital analytics platform provider showed strong momentum in enterprise adoption.
The company posted revenue of $83.3 million for the quarter ended June 30, exceeding analyst expectations of $81.32 million and representing a 14% increase YoY from $73.3 million. Adjusted earnings per share came in at $0.01, matching analyst estimates. Amplitude delivered its highest net-new Annual Recurring Revenue in nearly three years, which grew 16% YoY to $335 million.
"Q2 was a strong quarter. We delivered the highest net-new ARR in nearly three years and saw record multi-product adoption," said Spenser Skates, CEO and co-founder of Amplitude. "This progress reflects our deliberate focus on the enterprise and platform expansion strategy."
The company’s financial outlook also surpassed expectations for the upcoming quarter. Amplitude guided for third quarter revenue between $85-87 million, above the consensus estimate of $83.21 million, though its EPS guidance of $0.00-$0.02 fell short of the $0.03 consensus. For the full year 2025, the company expects revenue of $335.2-338.2 million and adjusted EPS of $0.04-$0.08.
Amplitude’s customer base continued to expand, with the number of customers generating over $100,000 in ARR growing 16% YoY to 634. The company also demonstrated improved operational efficiency with free cash flow of $18.2 million, an $11.4 million increase from the same period last year.
During the quarter, Amplitude was named a Leader in The Forrester Wave™: Digital Analytics Solutions report and ranked #1 in eight categories in G2’s Summer 2025 report. The company also launched new AI capabilities and marketing features designed to help teams better understand user behavior and measure return on ad spend.
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