AvePoint (AVPT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
AvePoint, Inc. (NASDAQ:AVPT ) Q1 2025 Earnings Call May 8, 2025 4:30 PM ET Company Participants Jamie Arestia - Vice President, Investor Relations TJ Jiang - Chief Executive Officer Jim Caci - Chief Financial Officer Conference Call Participants Joe Vandrick - Scotiabank Jason Ader - William Blair Nehal Chokshi - Northland Capital Markets Chirag Ved - Evercore ISI Cole Erskine - TD Cowen Brett Knoblauch - Berenberg Capital Operator Good day and welcome to the AvePoint, Inc. First Quarter 2025 Earnings Conference Call. [Operator Instructions] Please note this event is being recorded.
AvePoint, Inc. (AVPT) came out with quarterly earnings of $0.06 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.04 per share a year ago.
TJ Jiang, CEO of Avepoint discusses the importance of data quality and governance as AI develops rapidly. He discusses the firm's expansion plans to be able to provide multi-cloud solutions for its customers.
AvePoint, Inc. (NASDAQ:AVPT ) Q4 2024 Earnings Conference Call February 27, 2025 4:30 PM ET Company Participants Jamie Arestia - Vice President of Investor Relations Tianyi Jiang - Chief Executive Officer Jim Caci - Chief Financial Officer Conference Call Participants Jason Ader - William Blair & Co. Max Gamperl - Goldman Sachs & Co. Nehal Chokshi - Northland Securities, Inc. Chirag Ved - Evercore ISI Cole Erskine - TD Cowen Brett Knoblauch - Cantor Fitzgerald Operator Good day and welcome to the AvePoint Inc. Fourth Quarter 2024 Earnings Call. All participants will be in a listen-only mode.
AvePoint, Inc. (AVPT) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of $0.06. This compares to earnings of $0.07 per share a year ago.
AvePoint, Inc. noted for its specialty in data management and data governance has significantly outperformed its peers from the software and Russell 2000 terrains with returns of +140% over 1 year. We discuss some of the key sub-plots of the next major catalyst - the Q4 earnings due to be held on the 27th of February, post market hours. We close with our thoughts on the technicals and the valuations which support a HOLD rating.
Here is how AvePoint, Inc. (AVPT) and Byrna Technologies Inc. (BYRN) have performed compared to their sector so far this year.
AvePoint shares have surged over 50% since September, driven by strong performance across all regions and the increasing relevance of its data management platforms in the GenAI era. The company's SaaS revenue grew 45% y/y, with total ARR surpassing $300M, and it achieved GAAP profitability in Q3, highlighting robust financial health. New product launches and multiple new customer wins underscore AVPT's growth potential, especially in data security and governance for AI applications.
Does AvePoint, Inc. (AVPT) have what it takes to be a top stock pick for momentum investors? Let's find out.
Investors need to pay close attention to AvePoint (AVPT) stock based on the movements in the options market lately.
AvePoint, Inc. (AVPT) is growing at a torrid pace and attracting Big Money investors.