AmplitudeE, Inc. (NASDAQ:AMPL) plunged 5.64% in the pre-market trading session on Friday, as the software company reported disappointing 2024 full-year earnings results that missed analyst expectations.
The key highlights of AmplitudeE's 2024 earnings report include:
While AmplitudeE's revenue growth met expectations, the larger-than-expected net loss and earnings per share miss appear to have spooked investors, leading to a sharp sell-off in the pre-market session. The stock's previous rally suggests that investors had higher expectations for the company's 2024 performance.
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