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  1. 20 hours ago · Phil Chan: Thank you very much, Eric and good afternoon, everyone.We are pleased to announce the achievement of $9 million in product sales in the first quarter of 2024, which is a 14% increase from $7.9 million a year ago and a 22% increase sequentially from $7.3 million in the fourth quarter of 2023.

  2. 20 hours ago · As Stefan mentioned a few minutes ago, our GAAP results were also negatively affected by $252 million goodwill impairment. This is a non-cash impairment charge that only affects our GAAP results. Turning to our detailed revenue breakdown, variable license revenue was $25.1 million, down 4% from the same quarter last year and up 21% sequentially ...

  3. 20 hours ago · Revenue growth has been a concern, with a significant decrease of -69.59% over the last twelve months as of Q1 2024. This contraction highlights the challenges the company faces in scaling its operations and achieving financial growth.

  4. 20 hours ago · Criss Harms: Thanks, Spencer, and thanks to everyone joining us today.It's been just over one year since I joined, with this call marking my fifth earnings call. I told you throughout that we are intentionally shaping our focus across go-to-market and product at Amplitude to position ourselves for reaccelerating growth to drive more operating leverage at scale.

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