earnings
confidence high
sentiment positive
materiality 0.75
AvePoint Q3 2021 revenue $53.9M (+36% YoY); SaaS revenue up 59% to $22.4M
AvePoint, Inc.
2021-Q3 EPS reported
-$0.47
revenue$138,071,000
- Total ARR of $147.5M as of Sep 30, 2021, up 32% YoY.
- GAAP operating loss of $28.7M; non-GAAP operating income of $4.0M.
- Cash and short-term investments ~$262.3M at quarter end.
- Q4 2021 guidance: revenue $56.4-$58.4M, non-GAAP OI $0-$1.5M.
- Awarded $37M SGD contract from Temasek Polytechnic for training management platform.