3 Reasons Amplitude Stock Is on the Rebound

·4 min read

Amplitude (NASDAQ: AMPL) stock popped on its second-quarter earnings report Thursday as the digital-optimization specialist delivered some of its best results since its went public nearly a year ago. The software as a service (SaaS) stock finished the session up 12.7% as it posted strong revenue growth and raised its guidance for the year. It reported record free cash flow of $8.2 million in the quarter.