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Amplitude Earnings: 3 Things the Market Is Missing

·5 min read
Amplitude Earnings: 3 Things the Market Is Missing

Amplitude (NASDAQ: AMPL) stock crashed on Thursday after the digital optimization software company offered weaker-than-expected guidance for 2022 in its fourth-quarter earnings report. After previously forecasting revenue growth of at least 40% in 2022, the company now expects the top line to increase by 35% to 40% reaching $226 million to $234 million. Since the company went public in September, the share price has ranged from more than $87 to less than $17.