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Benzinga
Benzinga
Business
Adam Eckert

Amplitude Shares Get Cut In Half: What's Going On?

Amplitude Inc (NASDAQ:AMPL) is trading lower Thursday after the company announced its fourth-quarter and full-year 2021 financial results. The stock may be selling off on light revenue guidance.

Amplitude reported quarterly revenue of $49.4 million, which beat the $46.95 million estimate. The company reported a quarterly earnings loss of 5 cents per share, which beat the estimate for a loss of 8 cents per share.

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