AvePoint, Inc. (AVPT) Misses Q4 EPS by 2c, provides guidance

AvePoint, Inc. (NASDAQ: AVPT) reported Q4 EPS of $0.02, $0.02 worse than the analyst estimate of $0.04. Revenue for the quarter came in at $74.62 million versus the consensus estimate of $71.64 million.

GUIDANCE:

AvePoint, Inc. sees Q1 2024 revenue of $71.4-73.4 million, versus the consensus of $69.964 million.
Non-GAAP operating income of $3.3 million to $4.3 million.

For the full year 2024, the Company expects:

Total ARR of $314.7 million to $320.7 million, or year-over-year growth of 20% at the midpoint.
Total revenues of $308.6 million to $316.6 million, versus the consensus of $312.7 million, or year-over-year growth of 15% at the midpoint.
Non-GAAP operating income of $27.4 million to $30.4 million.

For earnings history and earnings-related data on AvePoint, Inc. (AVPT) click here.

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