AmplitudeE, Inc. (AMPL) saw its stock price soar 23.92% in pre-market trading on Thursday, following the company's impressive fourth-quarter results and raised guidance for fiscal 2025.
The data analytics firm reported a 9% year-over-year increase in Q4 revenue to $78 million, driven by strong demand for its integrated platform offerings, including the newly launched session replay and web experimentation products. Annual recurring revenue (ARR) grew by $13 million from the previous quarter to $312 million, and the company added 24 new customers with over $100,000 in ARR, reaching a total of 591 such customers.
Looking ahead, Amplitude raised its guidance for fiscal 2025, projecting revenue between $324.8 million and $330.8 million, representing growth of 9.5% at the midpoint. The company's strategic focus on winning the enterprise market and expanding its platform capabilities positions it well to capitalize on the growing demand for digital analytics solutions.
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