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

AvePoint (Delaware)

09/05/2023 02:25

* AvePoint Inc  AVPT.OQ   AVPT.O  is expected to show a rise
in
quarterly revenue when it reports  results on May 10. 
    * The Jersey City New Jersey-based  company is expected to
report 
a 15.7% increase in revenue to $58.195 million from $50.29
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. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 6.5%
in the last three months. ​
    * Wall Street's median 12-month price target for AvePoint
Inc is
$5.75​, above​ its last closing price of $4.43. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.01        0.02       -0.06     Missed  -478.3
 Sep. 30 2022  0.00        0.01       0.01      Met     66.7
 Jun. 30 2022  -0.01       -0.01      -0.01     Met     14.3​
 Mar. 31 2022  -0.03       -0.03      -0.03     Met     6.3
 ​​Dec.        0.00        0.00       -0.03     Missed  -1,896
 31 2021                                                .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 May 9 at 01:25 GMT.  All
figures in US dollars  unless otherwise stated