AvePoint (NASDAQ:AVPT) reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:05 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 $9.28 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.08 which was followed by a 14.63% drop in the share price the next day.
Here’s a look at AvePoint’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.01 | 0.01 | -0.01 | -0.03 |
| EPS Actual | -0.07 | -0.04 | -0.04 | -0.08 |
| Revenue Estimate | 64.02M | 62.66M | 55.12M | 48.52M |
| Revenue Actual | 63.61M | 62.74M | 55.70M | 50.29M |
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.
