AvePoint (NASDAQ:AVPT) Issues Quarterly Earnings Results, Misses Estimates By $0.01 EPS

Key Points

• AvePoint reported $0.07 EPS for the quarter, missing analyst expectations by $0.01, while revenue came in at $117.24 million, slightly ahead of estimates.
• On the conference call, management highlighted strong operating momentum, including 26% year-over-year revenue growth, $435.2 million in ARR, and accelerated share repurchases, along with a sizable cash balance of $444 million.
• The company is leaning into an AI-focused enterprise “trust layer” strategy, emphasizing product wins such as Agent Pulse and expanded cloud protection, though FX headwinds and a higher SaaS mix limited near-term reported revenue growth.

AvePoint (NASDAQ:AVPT - Get Free Report) released its quarterly earnings results on Thursday. The company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.08 by ($0.01), FiscalAI reports. AvePoint had a return on equity of 10.38% and a net margin of 10.55%.The firm had revenue of $117.24 million for the quarter, compared to analysts' expectations of $116.12 million.

Here are the key takeaways from AvePoint's conference call:

• Q1 results beat guidance with $117.2M revenue (26% YoY), $93.4M SaaS (35% YoY), ARR of $435.2M (+26% YoY), strong margin expansion and $444M cash, while management accelerated share repurchases (~$78.5M year-to-date).
• AvePoint is positioning itself as the enterprise “trust layer” for AI — highlighting product wins like Agent Pulse, a new AI-agent risk definition, expanded Google Cloud and multi‑SaaS protection, and a Gartner validation that bolsters its competitive differentiation.
• A higher-than-expected SaaS mix (ratable revenue) and continued FX headwinds reduced near-term reported revenue growth, which is why revenue guidance wasn’t raised despite an ARR increase.
• Channel-led land-and-expand momentum is strong: 863 customers with >$100k ARR (+25% YoY), 88% recurring revenue, ~58% ARR through the channel, and management says Control Suite now represents a large share of pipeline.
• Retention and product-mix risks persist — Q1 gross retention was ~89% (adjusted) with migration products acting as a ~2-point headwind to GRR, and FX/currency fluctuations remain an ongoing headwind.

AvePoint Trading Up 10.5%

Shares of AVPT stock traded up $1.08 during trading on Friday, reaching $11.40. 6,561,718 shares of the company's stock traded hands, compared to its average volume of 1,586,560. The company has a market capitalization of $2.46 billion, a P/E ratio of 49.14 and a beta of 1.16. The firm's 50-day moving average is $10.12 and its 200 day moving average is $11.90. AvePoint has a 1 year low of $8.84 and a 1 year high of $20.25.

Wall Street Analyst Weigh In

A number of research firms have weighed in on AVPT. B. Riley Financial dropped their target price on shares of AvePoint from $25.00 to $22.00 and set a "buy" rating on the stock in a research note on Monday, February 2nd. DA Davidson dropped their price target on shares of AvePoint from $20.00 to $18.00 and set a "buy" rating on the stock in a research note on Thursday, February 19th. Jefferies Financial Group dropped their price target on shares of AvePoint from $20.00 to $16.00 and set a "buy" rating on the stock in a research note on Tuesday, February 24th. Zacks Research cut shares of AvePoint from a "strong-buy" rating to a "hold" rating in a research note on Friday, January 9th. Finally, Citigroup dropped their price target on shares of AvePoint from $15.00 to $13.00 and set a "neutral" rating on the stock in a research note on Monday, March 2nd. Ten equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $16.69.

Institutional Trading of AvePoint

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. US Bancorp DE increased its holdings in AvePoint by 11.2% during the 3rd quarter. US Bancorp DE now owns 7,962 shares of the company's stock worth $120,000 after acquiring an additional 800 shares during the period. Blair William & Co. IL increased its holdings in AvePoint by 8.3% during the 4th quarter. Blair William & Co. IL now owns 13,700 shares of the company's stock worth $190,000 after acquiring an additional 1,050 shares during the period. Xponance LLC increased its holdings in AvePoint by 11.5% during the 4th quarter. Xponance LLC now owns 11,522 shares of the company's stock worth $160,000 after acquiring an additional 1,188 shares during the period. Schonfeld Strategic Advisors LLC increased its holdings in AvePoint by 9.9% during the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 14,578 shares of the company's stock worth $219,000 after acquiring an additional 1,314 shares during the period. Finally, Police & Firemen s Retirement System of New Jersey increased its holdings in AvePoint by 3.6% during the 4th quarter. Police & Firemen s Retirement System of New Jersey now owns 38,105 shares of the company's stock worth $529,000 after acquiring an additional 1,319 shares during the period. Institutional investors own 44.49% of the company's stock.

AvePoint Company Profile

AvePoint, Inc NASDAQ: AVPT is a leading software provider specializing in data management, governance, and compliance solutions for Microsoft 365 and related cloud platforms. Founded in 2001 and headquartered in Jersey City, New Jersey, the company offers a comprehensive suite of cloud-based and on-premises tools designed to help organizations migrate, manage, and protect their collaboration data. AvePoint's flagship Cloud Platform delivers backup, governance, reporting, and migration services for SharePoint, Teams, Exchange, OneDrive, and Salesforce environments.

With a customer base spanning thousands of organizations across more than 100 countries, AvePoint serves enterprises, government agencies, and educational institutions seeking to ensure data security, regulatory compliance, and operational resilience.

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