AvePoint Inc reports results for the quarter ended in June - Earnings Summary

AvePoint (Delaware)

12/08/2022 04:15

* AvePoint Inc  AVPT.OQ  reported a quarterly adjusted loss
of 4
cents​​ per share for the quarter ended in June. The mean
expectation of six analysts for the quarter was for a loss of
one cent per share.
    * Revenue rose 22.8% to $55.70 million from a year ago;
analysts
expected $55.12 million. 
    * AvePoint Inc's reported EPS for the quarter was a loss
of 5
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * AvePoint Inc shares had risen by 25.3% this quarter and
lost 13.5% so far this year.
    * The company reported a quarterly loss of $9.83 million.
    * Wall Street's median 12-month price target for AvePoint
Inc is
$7.00 
    * 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." 

This summary was machine generated from Refinitiv data August 12
at 03:15 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.01          -0.04          Missed
 Mar. 31 2022      -0.03          -0.05          Missed
 Dec. 31 2021      0.00           -0.03          Missed
 Sep. 30 2021      0.01           -0.13          Missed