earnings
confidence high
sentiment positive
materiality 0.75
AvePoint Q2 revenue $45.3M (+38% YoY); guides Q3 $51.5-$53.5M
AvePoint, Inc.
- Revenue $45.3M, up 38% YoY; SaaS revenue $20.6M (+76% YoY).
- Total ARR $139.0M as of June 30, +33% YoY.
- GAAP operating loss $11.2M; non-GAAP operating income $3.3M (7.3% margin).
- GAAP net loss $11.6M ($0.98 per share); cash $66.3M.
- Q3 revenue guidance $51.5-$53.5M; FY2021 revenue $192-$196M.