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AvePoint reports Q3 EPS (4c), consensus 1c
The Fly

AvePoint reports Q3 EPS (4c), consensus 1c

Reports Q3 revenue $62.74M, consensus $62.66M."Q3 was another strong quarter for AvePoint despite the uncertain macroeconomic environment, highlighted by 34% ARR growth and 26% revenue growth, both adjusted for the impact of FX," said Tianyi Jiang (TJ), CEO and Co-Founder of AvePoint. "Our strong topline performance reflects the ongoing need of companies around the world to secure collaboration data, sustain connections between people and ensure business continuity. At the same time, we continue to thoughtfully invest in a number of strategic growth initiatives while emphasizing robust expense controls across the company. We are excited for a strong close to 2022 and remain well positioned to capture the enormous market opportunity ahead of us."

Published first on TheFly

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