Brief: AvePoint Reports Q1 Net Loss Of $4.9 Mln

AvePoint (Delaware)

20/05/2021 12:49

May 20 (Reuters) - Apex Technology Acquisition Corp
 APXT.O :
    * APEX TECHNOLOGY ACQUISITION CORPORATION AND AVEPOINT
ANNOUNCE
FIRST QUARTER 2021 FINANCIAL RESULTS
    * AVEPOINT, WHICH IS MERGING WITH APEX TECHNOLOGY
ACQUISITION,
SAYS Q1 REVENUE ROSE 19% TO $38.8 MILLION
    * AVEPOINT CASH AND CASH EQUIVALENTS OF ABOUT $64.6 MILLION
AS OF
MARCH 31, 2021; CO REMAINS DEBT-FREE
    * AVEPOINT RAISED ITS REVENUE GUIDANCE FOR FISCAL YEAR 2021
FROM
$193.0 MILLION TO $194.0 MILLION
    * AVEPOINT QUARTERLY NET LOSS $4.9 MILLION

Source text for Eikon:  urn:newsml:reuters.com:*:nBw499Wdma
Further company coverage:  APXT.O 

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