AvePoint: Q2 Earnings Insights

AvePoint: Q2 Earnings Insights

 

AvePoint AVPT reported its Q2 earnings results on Thursday, August 11, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

AvePoint missed estimated earnings by 400.0%, reporting an EPS of $-0.05 versus an estimate of $-0.01.

Revenue was up $10.36 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.05 which was followed by a 11.14% increase in the share price the next day.

Here's a look at AvePoint's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.03   0.01  
EPS Actual -0.08 -0.04 -0.05 -3.09
Revenue Estimate 48.52M 57.52M 52.57M 43.65M
Revenue Actual 50.29M 53.84M 53.93M 45.34M

To track all earnings releases for AvePoint visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings