AvePoint Announces First Quarter 2024 Financial Results
AvePoint, Inc. - Class A (AVPT)
Company Research
Source: GlobeNewswire
First quarter SaaS revenue of $51.3 million, representing 44% year-over-year growthFirst quarter Total revenue of $74.5 million, representing 25% year-over-year growthTotal ARR of $274.5 million, representing 23% year-over-year growth JERSEY CITY, N.J., May 09, 2024 (GLOBE NEWSWIRE) -- AvePoint (NASDAQ: AVPT), a global leader in robust data management and data governance, today announced financial results for the first quarter ended March 31, 2024. “Our first quarter was a very strong start to the year, as we outperformed our guidance for total revenues and non-GAAP operating income, while delivering strong growth in total and net new ARR,” said Dr. Tianyi Jiang (TJ), CEO and Co-Founder, AvePoint. “Our performance was again driven by the robust capabilities of our platform, as well as the growing recognition among customers and partners of the need – now more important than ever – for a strong data foundation, which in turn is critical to deploying a successful AI strategy. We ar
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AVPT
News
- The biggest risk corporations see in gen AI usage isn't hallucinations [CNBC]CNBC
- AvePoint First Quarter 2024 Earnings: US$0.009 loss per share (vs US$0.05 loss in 1Q 2023) [Yahoo! Finance]Yahoo! Finance
- AvePoint, Inc. (NASDAQ:AVPT) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- AvePoint to Participate in Upcoming Investor ConferencesGlobeNewswire
- Most Shareholders Will Probably Find That The Compensation For AvePoint, Inc.'s (NASDAQ:AVPT) CEO Is Reasonable [Yahoo! Finance]Yahoo! Finance
AVPT
Earnings
- 5/9/24 - Beat
AVPT
Sec Filings
- 5/21/24 - Form 4
- 5/21/24 - Form 4
- 5/9/24 - Form 10-Q
- AVPT's page on the SEC website