AvePoint Inc expected to post a loss of 1  cent a share - Earnings Preview

AvePoint (Delaware)

10/08/2022 01:54

* AvePoint Inc  AVPT.OQ   AVPT.O  is expected to show a rise
in
quarterly revenue when it reports  results on August 11. 
    * The Jersey City New Jersey-based  company is expected to
report 
a 21.6% increase in revenue to $55.118 million from $45.34
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for AvePoint Inc is for
a
loss of 1 cent per share. For the same quarter last year, the
company reported a loss of $3.09 per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for AvePoint
Inc is
$7​, above​ its last closing price of $5.30. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  -0.03       -0.03      -0.05     Missed  -56.2
 Dec. 31 2022  0.00        0.00       -0.03     Missed  -1,896
                                                        .4
 Sep. 30 2021  0.01        0.01       -0.13     Missed  -1,183
                                                        .3​
 Jun. 30 2021  -0.03       -0.05      -3.09     Missed  -5,982
                                                        .7
 ​​                                                     
                                                        ​
 This summary was machine generated August 10 at 00:54 GMT.  All
figures in US dollars  unless otherwise stated