AvePoint Inc reports results for the quarter ended June 30 - Earnings Summary
08/08/2025 04:54
AvePoint Inc AVPT.OQ reported quarterly adjusted earnings of 3 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -1 cents. The mean expectation of nine analysts for the quarter was for earnings of 5 cents per share. Wall Street expected results to range from 4 cents to 6 cents per share. Revenue rose 30.9% to $102.02 million from a year ago; analysts expected $95.96 million. AvePoint Inc's reported EPS for the quarter was 1 cent. The company reported quarterly net income of $2.7 million. AvePoint Inc shares had fallen by 7.5% this quarter and gained 8.2% so far this year. FORECAST CHANGES The mean earnings estimate of analysts had fallen by about 4.4% in the last three months. In the last 30 days, one analyst negatively revised an earnings estimate RECOMMENDATIONS The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the it services & consulting peer group is also "buy" Wall Street's median 12-month price target for AvePoint Inc is $21.50, about 18.6% above its last closing price of $17.50 This summary was machine generated from LSEG data August 8 at 03:53 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
| QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
| Jun. 30 2025 | 0.05 | 0.03 | Missed |
| Mar. 31 2025 | 0.05 | 0.06 | Beat |
| Dec. 31 2024 | 0.05 | -0.04 | Missed |
| Sep. 30 2024 | 0.05 | 0.06 | Beat |