AVEPOINT


Associated tags: Software as a service, AvePoint, Microsoft

Locations: NEW YORK, AUSTRALIA, CALIFORNIA, EUROPE, WASHINGTON, RANCHO PALOS VERDES, NASHVILLE, TENNESSEE, SCOTTSDALE, JERSEY CITY, NJ, US, PT, CN, TD, CHICAGO, NEWPORT COAST, NEWPORT BEACH, UNITED STATES

AvePoint Announces First Quarter 2024 Financial Results

Retrieved on: 
Thursday, May 9, 2024

JERSEY CITY, N.J., May 09, 2024 (GLOBE NEWSWIRE) -- AvePoint (NASDAQ: AVPT), a global leader in robust data management and data governance, today announced financial results for the first quarter ended March 31, 2024. 

Key Points: 
  • First quarter SaaS revenue of $51.3 million, representing 44% year-over-year growth
    First quarter Total revenue of $74.5 million, representing 25% year-over-year growth
    Total ARR of $274.5 million, representing 23% year-over-year growth
    JERSEY CITY, N.J., May 09, 2024 (GLOBE NEWSWIRE) -- AvePoint (NASDAQ: AVPT), a global leader in robust data management and data governance, today announced financial results for the first quarter ended March 31, 2024.
  • Gross Profit: GAAP gross profit was $54.1 million, compared to $41.7 million for the first quarter of 2023.
  • For the second quarter of 2024, the Company expects:
    Total revenues of $73.8 million to $75.8 million, or year-over-year growth of 15% at the midpoint.
  • AvePoint will host a conference call today, May 9, 2024, to review its first quarter 2024 financial results and to discuss its financial outlook.

AvePoint to Participate in Upcoming Investor Conferences

Retrieved on: 
Thursday, May 2, 2024

JERSEY CITY, N.J., May 02, 2024 (GLOBE NEWSWIRE) -- AvePoint (Nasdaq: AVPT), the most advanced platform to optimize SaaS operations and secure collaboration, today announced that members of the company’s executive management team will present at the following investor conferences:

Key Points: 
  • JERSEY CITY, N.J., May 02, 2024 (GLOBE NEWSWIRE) -- AvePoint (Nasdaq: AVPT), the most advanced platform to optimize SaaS operations and secure collaboration, today announced that members of the company’s executive management team will present at the following investor conferences:
    19th Annual Needham Technology, Media, & Consumer Conference (New York, NY): Tuesday, 5/14 at 2:15 pm ET
    TD Cowen 52nd Annual Technology, Media & Telecom Conference (New York, NY): Wednesday, 5/29 at 10:50 am ET
    Jefferies Software Conference (Newport Coast, CA): Wednesday, 5/29 at 10:30am PT
    William Blair 44th Annual Growth Stock Conference (Chicago, IL): Tuesday, 6/4 at 9:20am CT
    In addition, AvePoint will attend the following conferences:
    Evercore ISI Microsoft 360° Day (Virtual): Wednesday, 5/15
    Goldman Sachs TechNet Conference Asia Pacific 2024 (Hong Kong, CN): Tuesday, 5/21
    A live and archived audio webcast of all presentations will be available on the AvePoint Investor Relations website.

AvePoint to Announce First Quarter 2024 Financial Results on May 9

Retrieved on: 
Thursday, April 18, 2024

JERSEY CITY, N.J., April 18, 2024 (GLOBE NEWSWIRE) -- AvePoint (NASDAQ: AVPT), the most advanced platform to optimize SaaS operations and secure collaboration, will report its first quarter 2024 financial results after the US financial markets close on Thursday, May 9, 2024.

Key Points: 
  • JERSEY CITY, N.J., April 18, 2024 (GLOBE NEWSWIRE) -- AvePoint (NASDAQ: AVPT), the most advanced platform to optimize SaaS operations and secure collaboration, will report its first quarter 2024 financial results after the US financial markets close on Thursday, May 9, 2024.
  • The company will host a conference call at 4:30pm ET on Thursday, May 9, 2024.
  • CEO and Co-Founder Dr. Tianyi Jiang (TJ) and CFO Jim Caci will provide an overview of these results, discuss current business trends, and conduct a question-and-answer session.
  • A live webcast will be available in the Investor Relations section of AvePoint’s website at: https://ir.avepoint.com/events .

AvePoint Launches New Analytics Capabilities for Copilot for Microsoft 365

Retrieved on: 
Tuesday, April 9, 2024

To maximize the potential of Copilot for Microsoft 365 to accelerate innovation and productivity, AvePoint tyGraph enables organizations to:

Key Points: 
  • To maximize the potential of Copilot for Microsoft 365 to accelerate innovation and productivity, AvePoint tyGraph enables organizations to:
    Gain Insights into Copilot for Microsoft 365 Usage: Organizations can now unlock valuable data-driven intelligence about how workers leverage Microsoft's AI-powered productivity tool by tracking adoption trends over time, pinpointing untapped opportunities for increased engagement, and comparing Copilot for Microsoft 365 usage across the organization.
  • AvePoint tyGraph Copilot for Microsoft 365 Adoption Analytics is the latest addition to AvePoint's Copilot for Microsoft 365 data readiness solutions , which help organizations prepare, secure, and optimize their data for Copilot for Microsoft 365.
  • “AvePoint tyGraph has always provided unparalleled Microsoft 365 analytics to maximize return on Microsoft investment,” said John Peluso, Chief Technology Officer, AvePoint.
  • We firmly believe that the analytics from AvePoint tyGraph, along with all our Copilot for Microsoft 365 data readiness solutions, will help organizations to fully take advantage of AI in the workplace.”
    For more information on AvePoint tyGraph’s new capabilities for Copilot for Microsoft 365, visit the AvePoint website .

AvePoint's Inaugural AI and Information Management Report Reveals Organizations with Mature IM Strategies are 1.5x More Likely to Realize AI Benefits

Retrieved on: 
Wednesday, April 3, 2024

However, organizations with more mature information management (IM) strategies are 1.5x more likely to realize benefits from AI than those with less mature strategies.

Key Points: 
  • However, organizations with more mature information management (IM) strategies are 1.5x more likely to realize benefits from AI than those with less mature strategies.
  • “If organizations don’t establish or adapt their information management strategies, the challenges they are already facing will be exacerbated by AI.
  • Organizations with mature IM strategies are 1.5x more likely to realize benefits from AI than those with less mature strategies.
  • To read the full AvePoint AI and Information Management Report, please visit avpt.co/AI-report-2024
    AvePoint conducted its AI & Information Management study in collaboration with AIIM, an organization dedicated to advancing the information management industry, and with CIPL, a global privacy and data policy think and do tank, to better understand the intersection of AI and information management and how information management practices were impacting AI implementation.

AvePoint Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Thursday, February 29, 2024

JERSEY CITY, N.J., Feb. 29, 2024 (GLOBE NEWSWIRE) --  AvePoint (NASDAQ: AVPT), the most advanced platform to optimize SaaS operations and secure collaboration, today announced financial results for the fourth quarter and full year ended December 31, 2023. 

Key Points: 
  • “Our fourth quarter results were an outstanding close to our strongest year yet as a public company,” said Dr. Tianyi Jiang (TJ), CEO and Co-Founder, AvePoint.
  • Gross Profit: GAAP gross profit was $55.0 million, compared to $44.8 million for the fourth quarter of 2022.
  • Non-GAAP gross profit was $56.1 million, compared to $45.9 million for the fourth quarter of 2022.
  • AvePoint will host a conference call today, February 29, 2024, to review its fourth quarter and full year 2023 financial results and to discuss its financial outlook.

AvePoint Adds Three New Products to its FedRAMP (moderate) Authorization to Support the United States Public Sector

Retrieved on: 
Wednesday, February 21, 2024

Both certifications demonstrate AvePoint’s commitment to upholding robust security and privacy standards, especially for organizations in regulated industries like federal agencies in the United States and healthcare providers across the globe.

Key Points: 
  • Both certifications demonstrate AvePoint’s commitment to upholding robust security and privacy standards, especially for organizations in regulated industries like federal agencies in the United States and healthcare providers across the globe.
  • Now, even more AvePoint customers like the U.S. Treasury Department, IRS, NASA and over 1,000 other public sector organizations can continue their digital transformation efforts.
  • “We’ve always believed that empowering those in the public sector and regulated industries to safely and effectively use technology is of utmost importance,” said John Peluso, Chief Product Officer, AvePoint.
  • For more information on how public sector and healthcare organizations can navigate digital transformation challenges and embrace change, visit our website .

AvePoint to Announce Fourth Quarter and Full Year 2023 Financial Results on February 29

Retrieved on: 
Tuesday, February 13, 2024

JERSEY CITY, N.J., Feb. 13, 2024 (GLOBE NEWSWIRE) -- AvePoint (NASDAQ: AVPT), the most advanced platform to optimize SaaS operations and secure collaboration, will report its fourth quarter and full year 2023 financial results after the U.S. financial markets close on Thursday, February 29, 2024.

Key Points: 
  • JERSEY CITY, N.J., Feb. 13, 2024 (GLOBE NEWSWIRE) -- AvePoint (NASDAQ: AVPT), the most advanced platform to optimize SaaS operations and secure collaboration, will report its fourth quarter and full year 2023 financial results after the U.S. financial markets close on Thursday, February 29, 2024.
  • The company will host a conference call to discuss these results at 4:30pm ET on Thursday, February 29, 2024.
  • CEO and Co-Founder Dr. Tianyi Jiang (TJ) and CFO Jim Caci will provide an overview of these results, discuss current business trends, and conduct a question-and-answer session.
  • A webcast replay will be available in the Investor Relations section of the company’s website and remain for about 90 calendar days.

AvePoint to Participate in 26th Annual Needham Growth Conference

Retrieved on: 
Wednesday, January 3, 2024

JERSEY CITY, N.J., Jan. 03, 2024 (GLOBE NEWSWIRE) -- AvePoint (Nasdaq: AVPT), the most advanced platform to optimize SaaS operations and secure collaboration, today announced that members of the company’s executive management team will attend the 26th Annual Needham Growth Conference on Tuesday January 16th.

Key Points: 
  • JERSEY CITY, N.J., Jan. 03, 2024 (GLOBE NEWSWIRE) -- AvePoint (Nasdaq: AVPT), the most advanced platform to optimize SaaS operations and secure collaboration, today announced that members of the company’s executive management team will attend the 26th Annual Needham Growth Conference on Tuesday January 16th.
  • CEO and Co-Founder, Dr. Tianyi Jiang (TJ) and CFO, Jim Caci will present at 11am ET.

AvePoint Introduces Public Preview of AvePoint Confide to Secure and Simplify External Collaboration

Retrieved on: 
Tuesday, November 28, 2023

As a launch partner , AvePoint is among the first companies to feature advanced in-product integrations with SharePoint Embedded.

Key Points: 
  • As a launch partner , AvePoint is among the first companies to feature advanced in-product integrations with SharePoint Embedded.
  • “We believe organizations need a modern business solution to manage and secure collaboration at scale to address digital workplace enablement,” said John Peluso, Chief Product Officer, AvePoint.
  • Enhanced co-authoring capabilities, even when using the desktop Office, ensures collaborative content never has to leave AvePoint Confide, so organizations maintain confidence that highly sensitive information is secure.
  • “We look forward to AvePoint Confide providing our joint customers with new ways to work securely with partners and customers worldwide.”
    To learn more and participate in AvePoint Confide’s public preview, visit our website .