BUZZ-Amplitude rises on better-than-expected FY25 revenue outlook

Reuters

Feb 20, 2025

** Shares of software maker Amplitude AMPL.O up 13.59% at$13.46 in premarket trading

** Co's revenue rises 9.4% to $78.13 million from a year earlier; analysts expected $76.69 million according to data compiled by LSEG** AMPL forecasts FY25 revenue between $324.8 million and $330.8 million vs analysts expectations of $326.70 million according to data compiled by LSEG

** Brokerage Baird says "while the macro still represents challenges, AMPL is in a very strong position to capture any increase in spend"

** Baird upgrades co to "outperform" rating and raises PT to $17 from $12

** Brokerage Piper Sandler raises PT to $17 from $15

** Five of 10 brokerages rate the stock "buy" or higher, and five "hold"; their median PT is $16 according to data compiled by LSEG

** As of last close, stock had risen ~12% this year; it fell about 17% in 2024

(Reporting by Joel Jose in Bengaluru)

((joeljose@thomsonreuters.com))

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analysts expected $76.69 million according to data compiled by LSEG** AMPL <span>forecasts</span> FY25 revenue between $324.8 million and $330.8 million vs analysts expectations of $326.70 million according to data compiled by LSEG</p><p>** Brokerage Baird says \"while the macro still represents challenges, AMPL is in a very strong position to capture any increase in spend\"</p><p>** Baird upgrades co to \"outperform\" rating and raises PT to $17 from $12  </p><p>** Brokerage Piper Sandler raises PT to $17 from $15</p><p>** Five of 10 brokerages rate the stock \"buy\" or higher, and five \"hold\"; their median PT is $16 according to data compiled by LSEG</p><p>** As of last close, stock had risen ~12% this year; it fell about 17% in 2024</p><p> (Reporting by Joel Jose in Bengaluru)</p><p> ((joeljose@thomsonreuters.com))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AMPL","symbol_name":"AmplitudeE, Inc.","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250220:nL3N3PB0XR:1","article_id":"2512430424","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2512430424","pubTimestamp":1740051590,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Amplitude rises on better-than-expected FY25 revenue outlook** Shares of software maker Amplitude AMPL.O up 13.59% at$13.46 in premarket trading** Co's revenue rises 9.4% to $78.13 million from a year earlier; 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analysts expected $76.69 million according to data compiled by LSEG** AMPL forecasts FY25 revenue between $324.8 million and $330.8 million vs analysts expectations of $326.70 million according to data compiled by LSEG** Brokerage Baird says \"while the macro still represents challenges, AMPL is in a very strong position to capture any increase in spend\"** Baird upgrades co to \"outperform\" rating and raises PT to $17 from $12  ** Brokerage Piper Sandler raises PT to $17 from $15** Five of 10 brokerages rate the stock \"buy\" or higher, and five \"hold\"; their median PT is $16 according to data compiled by LSEG** As of last close, stock had risen ~12% this year; it fell about 17% in 2024 (Reporting by Joel Jose in Bengaluru) ((joeljose@thomsonreuters.com))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}