AvePoint reports Q2 EPS 1c, consensus 8c

Reports Q2 revenue $102.02M, consensus $105.11M. “Highlighted by outperformance on both the top and bottom line, AvePoint’s (AVPT) exceptional second quarter results are further evidence of our ability to efficiently deliver the integrated data security, governance and resilience solutions that organizations need to thrive in the AI era,” said Dr. Tianyi Jiang (TJ), CEO and Co-Founder, AvePoint. “Additionally, crossing the $100 million revenue milestone this quarter is a powerful validation of our innovation, strategy, and the trust our customers and partners place in us. With strong momentum and multiple growth vectors to $1 billion in ARR by 2029, we continue to lead in this evolving landscape and remain focused on turning today’s complexity into tomorrow’s opportunity.”