Matt Pryde's questions to Amplitude Inc (AMPL) leadership • Q3 2024
Question
Matt Pryde asked for clarification on the increased operating loss expectation and questioned if the average deal size in the pipeline has changed since the prior quarter.
Answer
CFO Andrew Casey explained that the updated operating loss guidance was predominantly due to expenses related to the Command AI acquisition and ongoing legal costs. Regarding deal size, he pointed to the multiple seven-figure deals closed in the quarter as evidence of their ability to secure larger contracts as they expand within client accounts.