AvePoint (AVPT) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
AvePoint (AVPT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Here is how AvePoint, Inc. (AVPT) and Byrna Technologies Inc. (BYRN) have performed compared to their sector so far this year.
CFO of AvePoint (AVPT), Jim Caci, joins Nicole Petallides to talk about the company's rise alongside A.I. Jim says his company experienced an "exceptional" quarter because of customers' reliance on data security amid A.I.
AvePoint CEO Tianyi Jiang talks about his company's artificial intelligence offerings, why Singapore has been a big base for development and deployment – and how that figures into a possible secondary listing.
AvePoint, Inc. (AVPT) Q3 2024 Earnings Call Transcript
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 $0.03 per share a year ago.
AvePoint offers comprehensive SaaS-based data management solutions, gaining relevance with the AI revolution, addressing data security, storage optimization, and productivity enhancement. The company boasts high-margin recurring revenue (87%), impressive customer growth, and a solid financial position with significant operating leverage and cash flow improvements. AvePoint's integrated platform supports AI adoption, driving new growth opportunities, with notable wins in multi-cloud environments and strategic partnerships.
AvePoint, Inc. (AVPT) software solutions are driving big sales gains and profits.
AvePoint, Inc. (NASDAQ:AVPT ) Q2 2024 Results Conference Call August 8, 2024 4:30 PM ET Company Participants Jamie Arestia - VP, IR TJ Jiang - Co-Founder, CEO & Director Jim Caci - CFO Conference Call Participants Derrick Wood - Cowen & Co. Chirag Ved - Evercore ISI Max Gamperl - Goldman Sachs Thomas Shinske - Cantor Fitzgerald Operator Good day and welcome to the AvePoint Inc., Second Quarter 2024 Earnings Call. All participants will be in listen-only mode.
When searching for a new position to get in early on, a lack of Wall Street coverage and analyst excitement can be a good thing. After all, too much hype can quickly result in a stock becoming overvalued, leading to a potential loss.
Not long after a Wall Street analyst increased their price target by a significant amount and retained a ‘buy' recommendation, the stocks of independent software vendor for specialty SaaS solutions AvePoint (NASDAQ: AVPT) have skyrocketed to the highest level in 12 months.