Recap: AvePoint Q1 Earnings

AvePoint 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.

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.

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.

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