AvePoint raises FY25 revenue view to $397.4M-$405.4M from $380M-$388M

Consensus $384.31M. Sees FY25 total ARR $411.8M-$417.8M. Sees FY25 operating income $61.4M-$64.4M. The company said, “The global nature of our business exposes us to fluctuations in foreign exchange rates, and in the first quarter we saw a modest currency tailwind from the weakening of the U.S. dollar. This weakening has continued in the second quarter, and the corresponding incremental FX tailwinds are reflected in our updated full-year guidance for all metrics. Additionally, the Company’s updated full-year guidance for revenue and non-GAAP operating income includes the respective first quarter outperformance relative to guidance.”