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

AvePoint (Delaware)

10/11/2022 23:33

* AvePoint Inc  AVPT.OQ  reported a quarterly adjusted loss
of 4
cents​​ per share for the quarter ended in September. The mean
expectation of six analysts for the quarter was for earnings of
one cent per share.
    * Revenue rose 16.3% to $62.74 million from a year ago;
analysts
expected $62.66 million. 
    * AvePoint Inc's reported EPS for the quarter was a loss
of 4
cents​.
    * The mean earnings estimate of analysts had fallen by
about 25%
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 fallen by 4.2% this quarter and
lost 39.0% so far this year.
    * The company reported a quarterly loss of $7.41 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 November
10 at 11:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.01           -0.04          Missed
 Jun. 30 2022      -0.01          -0.01          Met
 Mar. 31 2022      -0.03          -0.03          Met
 Dec. 31 2021      0.00           -0.03          Missed