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) provides enterprise SaaS solutions for secure data management across cloud environments. This page serves as the definitive source for official company announcements, offering investors and professionals timely updates on strategic developments.
Access curated press releases covering product innovations, financial results, compliance initiatives, and partnership announcements. Our repository ensures accurate tracking of AvePoint's progress in data governance, multi-cloud security, and digital workplace solutions.
Key updates include earnings reports, executive leadership changes, platform enhancements to the Confidence Platform, and industry recognition milestones. Discover how AvePoint addresses evolving challenges in Microsoft 365 environments, Google Workspace integrations, and AI-driven data protection strategies.
Bookmark this page for direct access to primary source materials that inform investment decisions and market analysis. Regularly updated content helps stakeholders monitor the company's position in enterprise collaboration technology and cloud infrastructure markets.
AvePoint (Nasdaq: AVPT) has won its sixth global Microsoft Partner of the Year Award, this time in the Education category, as announced on June 26, 2024. The award recognizes outstanding innovation and implementation of customer solutions based on Microsoft technology. AvePoint's AI-powered MaivenPoint edtech platform and AI chatbot for Fairfield Primary School were significant contributors to this recognition. Additionally, the company collaborated with NTUC LearningHub and Singapore Quality Institute, saving over 2,500 hours annually through AI and machine learning enhancements. Regional achievements include two Microsoft Singapore Partner of the Year Awards and being a finalist for the Microsoft APAC ISV Partner of the Year Award.
AvePoint (Nasdaq: AVPT) has been recognized on Inc.’s annual Best Workplaces list for 2024, highlighting its exceptional workplace culture in the software industry.
This distinction underscores AvePoint's commitment to its employees, which has been integral to its innovation and growth. Evaluations included surveys on management effectiveness and benefits, where AvePoint scored ten percentage points higher than average.
Founded in 2001, AvePoint has grown from a small startup to a 2,600-person global organization, maintaining its entrepreneurial spirit and focus on internal mobility, rewards, and enablement programs.
Recent accolades also include recognition by BuiltIn as one of the best places to work in the U.S. for the third year in seven major cities.
AvePoint (NASDAQ: AVPT) reported strong financial results for the first quarter of 2024, with SaaS revenue reaching $51.3 million, a 44% year-over-year growth. Total revenue was $74.5 million, up 25% from the same period last year. The company's gross profit increased to $54.1 million, and non-GAAP operating income was $6.6 million. AvePoint also raised its full-year outlook for total ARR, total revenues, and non-GAAP operating income. The company's cash, cash equivalents, and short-term investments stood at $219.3 million as of March 31, 2024.
AvePoint (Nasdaq: AVPT) will participate in upcoming investor conferences to present their advanced platform optimizing SaaS operations and secure collaboration. The company's executive team will attend various conferences, providing live and archived webcasts for investors.
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