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UPDATE: Goldman Sachs Downgrades Avepoint Inc. (AVPT) to Neutral

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Form 8-K AvePoint, Inc. For: Mar 17

March 17, 2022 4:06 PM EDT

Exhibit 99.1

AvePoint Announces Fourth Quarter and Full Year 2021 Financial Results and $150 Million Share Repurchase Program

Full year SaaS revenue of $85.6 million, up 64% year-over-year
Total ARR of $159.2 million, up 34% year-over-year
Cloud user base exceeds 9 million

JERSEY CITY, N.J., March 17, 2022 (GLOBE NEWSWIRE) -- AvePoint (NASDAQ: AVPT), the most advanced SaaS and data management solutions... More