AvePoint (NASDAQ:AVPT - Get Free Report) announced its earnings results on Thursday. The company reported ($0.09) EPS for the quarter, missing the consensus estimate of $0.05 by ($0.14), Zacks reports. The firm had revenue of $89.18 million for the quarter, compared to the consensus estimate of $88.06 million. AvePoint had a negative return on equity of 3.16% and a negative net margin of 2.36%. AvePoint updated its FY 2025 guidance to EPS and its Q1 2025 guidance to EPS.
AvePoint Trading Up 0.6 %
NASDAQ:AVPT traded up $0.09 on Monday, hitting $15.03. 2,880,154 shares of the company's stock traded hands, compared to its average volume of 1,406,190. The firm has a 50-day moving average price of $17.80 and a 200-day moving average price of $15.18. AvePoint has a 1 year low of $7.08 and a 1 year high of $19.90. The company has a market cap of $2.81 billion, a PE ratio of -300.54 and a beta of 1.02.
Analyst Ratings Changes
Several research firms have recently weighed in on AVPT. Citigroup raised their price objective on shares of AvePoint from $17.00 to $18.00 and gave the company a "neutral" rating in a research report on Friday, January 17th. The Goldman Sachs Group lifted their target price on AvePoint from $7.50 to $15.00 and gave the stock a "neutral" rating in a report on Tuesday, November 12th.
View Our Latest Stock Report on AvePoint
AvePoint Company Profile
(
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AvePoint, Inc provides cloud-native data management software platform in North America, Europe, Middle East, Africa, and Asia Pacific. It also offers software-as-a-service solutions and productivity applications. The company offers modularity and cloud services architecture to address critical challenges and the management of data to organizations that leverage third-party cloud vendors, including Microsoft, Salesforce, Google, AWS, Box, DropBox, and others; license and support; and maintenance services.
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