AvePoint

AvePoint, Inc. operates as a digital collaboration innovator, which provides data management services. It develops, markets, and sells its suite of software solutions and services in North America, Europe, Australia, and Asia. The company was founded on July 24, 2001 and is headquartered in Jersey City, NJ.

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AvePoint reports robust Q4 performance, eyes growth amidst challenges

AvePoint's Q4 2022 performance reflects strong revenue growth, key customer wins, and operational challenges impacting margins, with a focus on innovation and customer value.
The company's outlook for 2023 presents growth opportunities through increased revenues, ARR growth, and a focus on improving operational income and efficiency.
Despite challenges in managing expenses and macro uncertainties, AvePoint's strategic focus on digital workplace security and market competitiveness positions it for future success.

AvePoint surpasses Q1 expectations, eyes growth amid market dynamics

AvePoint's Q1 performance exceeded expectations, driven by robust revenue growth and strategic customer wins.
The company's M&A strategy and platform approach showcase a commitment to innovation and revenue expansion.
While facing challenges in a competitive landscape, AvePoint's strong financial outlook and growth opportunities position it for continued success.

AvePoint reports robust Q2 performance and eyes digital innovation

AvePoint delivered strong financial results, showcasing stability and growth potential amidst market challenges and strategic caution.
The company's platform capabilities, customer relationships, and value proposition position AvePoint for continued success and market competitiveness.
With a focus on innovation, customer retention, and market engagement, AvePoint is poised to leverage opportunities in the digital workplace landscape.

AvePoint surpasses Q3 expectations, focuses on data management innovation

AvePoint's Q3 performance exceeded expectations, driven by strong revenue growth and margin improvement. The company showcased resilience with notable customer wins and emphasized the importance of data management in AI adoption. Raised full-year expectations indicate confidence in future growth.

AvePoint exceeds Q4 expectations, drives AI adoption in industries

AvePoint's strong financial performance in Q4 and full-year 2023 underscores its position as a leader in AI-driven data management solutions.
The company's strategic initiatives like the AvePoint AI program and A3Ventures fund highlight its commitment to innovation and growth.
While AvePoint faces challenges in a competitive landscape, opportunities lie in expanding AI solutions, strategic partnerships, and operational efficiency.

AvePoint reports stellar Q1 results, eyes AI opportunities in 2024

AvePoint's Q1 performance reflects strong revenue growth, operational efficiency, and a focus on recurring revenue streams, positioning the company for continued success.
The company's emphasis on power users, platform approach, and customer education underscores its strategic alignment with market trends and customer needs.
While AvePoint faces challenges in sustaining growth and managing competition, it has ample opportunities to drive innovation, expand market presence, and capture value in the evolving data management landscape.

AvePoint exceeds Q3 expectations, eyes profitable growth and GAAP profitability

AvePoint's Q3 performance reflects sustained growth momentum and operational excellence. With a focus on profitable growth and strategic priorities, the company aims to deliver value to shareholders and achieve GAAP profitability by 2025. Strong financial metrics and customer wins underscore AvePoint's position as a leader in data management solutions.

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AvePoint tyGraph, which now includes analytics for Copilot for Microsoft 365 adoption, helps organizations unlock the full potential of their AI investments and enhance employee experience AvePoint tyGraph, which now includes analytics for Copilot for Microsoft 365 adoption, helps organizations unlock the full potential of their AI investments and enhance employee experience

AvePoint Launches New Analytics Capabilities for Copilot for Microsoft 365

Findings suggest a comprehensive IM strategy may also help overcome top challenges organizations faced during AI implementation, including unintended data exposure and data quality issues Findings suggest a comprehensive IM strategy may also help overcome top challenges organizations faced during AI implementation, including unintended data exposure and data quality issues

AvePoint's Inaugural AI and Information Management Report Reveals Organizations with Mature IM Strategies are 1.5x More Likely to Realize AI Benefits

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AvePoint, Inc. (AVPT) Q4 2023 Earnings Call Transcript

AvePoint, Inc. (AVPT) came out with quarterly earnings of $0.07 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to loss of $0.02 per share a year ago.

AvePoint, Inc. (AVPT) Q4 Earnings and Revenues Top Estimates

Full year SaaS revenue of $161.0 million, representing 37% year-over-year growthFull year Total revenue of $271.8 million, representing 17% year-over-year growthTotal ARR of $264.5 million, representing 23% year-over-year growth, 24% adjusted for FX

AvePoint Announces Fourth Quarter and Full Year 2023 Financial Results

As part of its comprehensive cyber resilience strategy, AvePoint also achieves HITRUST CSF v11.0.1 certification for the AvePoint Confidence Platform for global healthcare customers As part of its comprehensive cyber resilience strategy, AvePoint also achieves HITRUST CSF v11.0.1 certification for the AvePoint Confidence Platform for global healthcare customers

AvePoint Adds Three New Products to its FedRAMP (moderate) Authorization to Support the United States Public Sector

JERSEY CITY, N.J., Feb. 13, 2024 (GLOBE NEWSWIRE) -- AvePoint (NASDAQ: AVPT), the most advanced platform to optimize SaaS operations and secure collaboration, will report its fourth quarter and full year 2023 financial results after the U.S. financial markets close on Thursday, February 29, 2024.

AvePoint to Announce Fourth Quarter and Full Year 2023 Financial Results on February 29

AvePoint is a leading ISV that provides enterprise cloud migration, management, and data protection primarily for the Microsoft Cloud ecosystem. AVPT's shares have experienced volatility since going public, but have shown a significant rebound and steady performance to-date. I view the shift towards a recurring business model and steady enterprise demand for cloud data management and protection as potential catalysts. I set a 1-year price target of $9.8.

Avepoint: Multiple Expansion From SaaS Shift And Steady Enterprise Demand

JERSEY CITY, N.J., Jan. 03, 2024 (GLOBE NEWSWIRE) -- AvePoint (Nasdaq: AVPT), the most advanced platform to optimize SaaS operations and secure collaboration, today announced that members of the company's executive management team will attend the 26th Annual Needham Growth Conference on Tuesday January 16th. CEO and Co-Founder, Dr. Tianyi Jiang (TJ) and CFO, Jim Caci will present at 11am ET.

AvePoint to Participate in 26th Annual Needham Growth Conference

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Using SharePoint Embedded, the next generation of AvePoint Confide advances flexible, secure collaboration in the digital workplace Using SharePoint Embedded, the next generation of AvePoint Confide advances flexible, secure collaboration in the digital workplace

AvePoint Introduces Public Preview of AvePoint Confide to Secure and Simplify External Collaboration

Running Microsoft 365 Backup Storage, AvePoint Cloud Backup Express advances business continuity for secure collaboration in the digital workplace Running Microsoft 365 Backup Storage, AvePoint Cloud Backup Express advances business continuity for secure collaboration in the digital workplace

AvePoint Announces Cloud Backup Express to Enable Accelerated, Secure Data Protection

AvePoint, Inc. (NASDAQ:AVPT ) Q3 2023 Earnings Conference Call November 9, 2023 4:30 PM ET Company Participants James Arestia - VP, IR Tianyi Jiang - Co-Founder and CEO James Caci - CFO Conference Call Participants Fatima Boolani - Citi Chirag Ved - Evercore ISI Nehal Chokshi - Northland Capital Markets Derrick Wood - TD Cowen Jason Ader - William Blair Operator Good day and welcome to the AvePoint Inc. Q3 2023 Earnings Call. Today, all participants will be in a listen-only mode.

AvePoint, Inc. (AVPT) Q3 2023 Earnings Call Transcript

Third quarter SaaS revenue of $41.9 million, representing 40% year-over-year growthThird quarter Total revenue of $72.8 million, representing 16% year-over-year growthTotal ARR of $250.6 million, representing 23% year-over-year growth, 25% adjusted for FX

AvePoint Announces Third Quarter 2023 Financial Results

Recent developments have resulted in AvePoint's steady stock price increase, driven by expansion in cloud solutions, strategic partnerships, and past acquisitions. The company's growth appears to be slowing as it matures, and its current valuation may limit further short to medium-term upside. Long term, as businesses move towards the cloud, we see AVPT being a winner with a large TAM, so would be interested in taking a bite if a pullback presents itself.

AvePoint May Take Time To Push Higher

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JERSEY CITY, N.J., Oct. 26, 2023 (GLOBE NEWSWIRE) -- AvePoint (Nasdaq: AVPT), the most advanced platform to optimize SaaS operations and secure collaboration, today announced that members of the company's executive management team will present at the following conferences:

AvePoint to Participate at Upcoming Investor Conferences

JERSEY CITY, N.J., Oct. 19, 2023 (GLOBE NEWSWIRE) -- AvePoint (NASDAQ: AVPT), the most advanced platform to optimize SaaS operations and secure collaboration, will report its third quarter 2023 financial results after the U.S. financial markets close on Thursday, November 9, 2023.

AvePoint to Announce Third Quarter 2023 Financial Results on November 9

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Former Congressman Jerry McNerney serves as the Chief Policy Advisor to the foundation to inform safe and effective usage of AI across all levels of society Former Congressman Jerry McNerney serves as the Chief Policy Advisor to the foundation to inform safe and effective usage of AI across all levels of society

AI Trust Foundation Launches at AvePoint #shifthappens Conference to Advance Beneficial AI

JERSEY CITY, N.J., Sept. 18, 2023 (GLOBE NEWSWIRE) -- AvePoint (NASDAQ: AVPT), the most advanced platform to optimize SaaS operations and secure collaboration, today announced a definitive agreement has been entered into for an anchor investment by 65 Equity Partners through its purchase of 16,666,600 AvePoint shares of common stock (representing approximately 9.0% of AvePoint's total outstanding common stock) from Sixth Street.

AvePoint Announces Anchor Investment by 65 Equity Partners

AvePoint develops SaaS solutions to migrate, manage, and protect data and IT infrastructure, positioned well for the need for data management, security, and governance. Signs of stabilization in the SMB market and improved enterprise-level performance indicate expected growth recovery for AVPT. Transition to indirect selling model through channel sales is positive. I rate AVPT stock a buy based on the potential for accelerated growth driven by digital transformation trend and increasing adoption of AI.

AvePoint: Digital Transformation Will Continue To Push The Business Forward

AvePoint offers SaaS platform solutions for cloud architecture and data organization. The company has achieved significant growth in revenues. Although AVPT operates at a loss, further growth could have significant operating leverage raising AvePoint's margins significantly.

AvePoint: Operating Leverage Doesn't Excite Me Just Yet

Advanced capabilities improve SaaS management across Microsoft 365 and Power Platform, driving operational efficiency and automated governance Advanced capabilities improve SaaS management across Microsoft 365 and Power Platform, driving operational efficiency and automated governance

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