secwatch.observer — SEC 8-K summary
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Issuer:     AvePoint, Inc. (AVPT)
CIK:        0001777921
Form:       8-K
Filed at:   2023-05-10T23:59:59+00:00
Accession:  0001171843-23-003148
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AvePoint Q1 beat: SaaS rev $35.5M, +34% YoY; raised FY ARR/rev/op income guidance
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- Total Q1 revenue $59.6M (+18% YoY; +23% cc). SaaS revenue $35.5M (+34% YoY; +39% cc).
- GAAP operating loss improved to $(8.8)M from $(13.8)M; non-GAAP operating loss $(0.3)M from $(5.5)M.
- Total ARR $222.4M (+26% YoY; +31% cc). Dollar-based net retention rate 102% (106% adj. FX).
- Raised Q2 2023 total revenue guide to $60.5-62.5M; FY total ARR to $255-261M and non-GAAP op income to $13.9-16.2M.
- Cash and short-term investments $231.7M as of March 31, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1777921/000117184323003148/0001171843-23-003148-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1777921/000117184323003148/f8k_051023.htm
  HTML page:      https://secwatch.observer/filing/0001171843-23-003148

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer