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, 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.
AvePoint (NASDAQ: AVPT) launched its first global partner program on July 13, 2021, aimed at enhancing collaboration security for Microsoft 365. This program targets various partners like managed service providers, offering resources to drive revenue. Jason Beal highlighted a significant rise in Microsoft Teams users, presenting an opportunity for partners to assist organizations in digital transformation. The program includes benefits such as generous compensation, training resources, 24/7 support, and access to Microsoft expertise. AvePoint also announced new product offerings to expand its cloud marketplace presence.