Welcome to our dedicated page for Avepoint news (Ticker: AVPT), a resource for investors and traders seeking the latest updates and insights on Avepoint stock.
AvePoint, Inc. (AVPT; SGX: AVP) is a software company focused on data security, governance, and resilience for organizations that rely on SaaS and cloud collaboration platforms. The AvePoint news feed on Stock Titan highlights how the company evolves its AvePoint Confidence Platform, expands AI governance capabilities, and reports financial and corporate developments that matter to investors and technology professionals.
News about AvePoint often covers product and platform updates, such as new multi-SaaS data protection solutions, expanded backup support for applications like Monday.com, DocuSign, Smartsheet, Okta, Confluence, and Google Cloud Platform virtual machines, and new command centers within the Confidence Platform. Recent announcements also describe deeper visibility into Copilot Studio agents and the launch of the AvePoint AgentPulse Command Center, an AI agent registry designed to help organizations manage agentic AI security and cost risks.
Investors following AVPT can expect regular coverage of quarterly financial results, key performance metrics such as annual recurring revenue, and details of non-GAAP measures that AvePoint uses alongside GAAP results. Corporate news includes items like the company’s dual listing on the Singapore Exchange, public offerings related to that listing, and participation in technology and investor conferences.
The news stream also features AvePoint’s research and thought leadership, including reports on AI adoption, data security incidents, and governance challenges. For those tracking developments in SaaS data protection, AI governance, and channel-driven enterprise software, the AvePoint news page provides a centralized view of the company’s announcements and disclosures over time.
AvePoint (NASDAQ: AVPT) has launched Confide, an innovative virtual data room designed to enhance data security for businesses without compromising efficiency. Confide is fully integrated with Microsoft 365, enabling seamless collaboration for sensitive projects like mergers and acquisitions. Key features include an intuitive setup, robust governance for project permissions, and real-time insights into document activity. This product aims to empower business leaders while reducing the burden on IT teams. AvePoint also introduced Fly, a cloud migration tool.
AvePoint Cloud Backup has been recognized as a Leader in The Forrester New Wave™: SaaS Application Data Protection, Q4 2021. It received the highest current offering score among 10 vendors, achieving the top rating in Microsoft 365, Google Workspace, and Salesforce backup capabilities. The report highlights its advanced security and usability features, including unlimited restores and flexible storage options. AvePoint aims to address the growing need for effective data protection in SaaS applications, emphasizing its commitment to multi-SaaS capabilities.
AvePoint, the leading data management solutions provider for Microsoft 365, reported strong financial results for the third quarter of 2021, with total revenue reaching $54 million, marking a 36% year-over-year increase.
Subscription revenue demonstrated impressive 79% growth year-over-year, while SaaS revenue also grew by 59%. The company's total annual recurring revenue (ARR) was $147.5 million, up 32% year-over-year. Despite a GAAP operating loss of $28.7 million, non-GAAP operating income stood at $4 million. AvePoint forecasts fourth-quarter revenues between $56.4 million and $58.4 million.
AvePoint EduTech announced a contract worth $37 million SGD with Temasek Polytechnic to deploy a SaaS training management platform for over 100,000 learners in Singapore. The platform, available by 2023, will offer 44,000 courses and enhance digital learning experiences for learners, educators, and administrators. The initiative aligns with Singapore’s SkillsFuture movement, promoting lifelong learning and skill mastery. AvePoint's platform aims to address the increasing need for continuous education in a rapidly evolving workforce.
AvePoint (NASDAQ: AVPT), a leading data management solutions provider for Microsoft 365, is set to announce its third quarter financial results for the period ending September 30, 2021, on November 15, 2021. The announcement will precede a conference call at 8:30 AM ET featuring CEO Dr. Tianyi Jiang and CFO Jim Caci, who will review the results and discuss current business trends. Investors can access a webcast of the call on AvePoint's Investor Relations page, with replays available for 90 days.
AvePoint, the largest provider of Microsoft 365 data management solutions, announced its participation in two upcoming investor conferences. The Citi 2021 Global Technology Virtual Conference is set for September 13, 2021, at 8:00 a.m. ET, followed by the Jefferies Virtual Software Conference on September 15, 2021, at 3:00 p.m. ET. A live audio webcast of the presentations will be available on the Investor Relations website. Founded in 2001, AvePoint serves over 8 million cloud users with comprehensive SaaS solutions.
AvePoint, a leading data management solutions provider for Microsoft 365, reported strong second-quarter 2021 results, with revenue of $45.3 million, reflecting a 38% year-over-year growth. The growth was fueled by the rising demand for Microsoft Teams and robust adoption of collaboration security technologies. Key metrics include a total ARR of $139.0 million, up 33% year-over-year, and a GAAP net loss of $11.6 million or $0.98 per share. Cash reserves stood at approximately $66.3 million. For Q3 2021, the company forecasted revenues between $51.5 million and $53.5 million.
AvePoint (NASDAQ: AVPT) has expanded its executive leadership team by appointing Jim Caci as Chief Financial Officer and Tom Lin as Chief Operating Officer, effective August 23, 2021. Caci brings over 25 years of experience, having previously served as CFO at Brand Value Accelerator and at AvePoint from 2010-2013. He aims to guide AvePoint's growth within the Microsoft ecosystem. Lin, who has been with the company for two decades, will focus on international expansion. The existing CFO, Sophia Wu, transitions to Chief Accounting Officer.
AvePoint (Nasdaq: AVPT), a leading Microsoft 365 data management solutions provider, will report Q2 2021 financial results on August 10, 2021, after market close. The conference call for discussing these results will occur at 4:30 p.m. EDT, featuring CEO TJ Jiang and CFO Sophia Wu. The event will also include a Q&A session and will be accessible via a live webcast on AvePoint’s Investor Relations page. Founded in 2001 and headquartered in Jersey City, AvePoint serves over 7 million cloud users globally, including a quarter of the Fortune 500.
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