Core Insights - AvePoint has launched the next generation of AvePoint Elements, an AI-enhanced platform aimed at transforming managed service providers' (MSPs) client, cloud, and tenant management, focusing on data security, IT management, and operational efficiency [1][2] Company Developments - The new AvePoint Elements platform is part of the company's ongoing investment in its channel business, which constitutes over 50% of its annual recurring revenue (ARR) [1] - The platform aims to provide partners with new security-centric recurring revenue streams through a seamless, all-in-one solution [1] Market Opportunities - According to Canalys, over 90% of cybersecurity solutions are expected to be partner-delivered by 2025, presenting significant revenue opportunities for MSPs [2] - MSPs utilizing the new platform can secure client data and expand service offerings without requiring additional resources [2] Performance Metrics - Partners in a private preview of the platform reported a 40% increase in average revenue per user when integrating more than two solutions into their managed services [3] - Time wasted on operations and infrastructure has been reduced by 85% for these partners, allowing for more focus on service delivery and customer care [3] Operational Efficiency - AvePoint Elements integrates with existing compliance and data protection solutions, providing seamless API integrations for automation and remote management [4] - The platform enhances operational efficiency by centralizing management for multi-tenant configurations, allowing MSPs to enforce security and compliance across multiple clients [4] Profitability and Scalability - The platform automates manual tasks and simplifies transactions, enabling MSPs to concentrate on value-added services and reduce operational costs [4] - With multi-SaaS support, MSPs can serve customers across various clouds from a single platform, increasing their total addressable market [4] Security Enhancements - AvePoint Elements offers proactive security monitoring and automated policy enforcement, ensuring robust protection and premium data security for all customers [4]

Core Viewpoint - AvePoint has submitted an application to list its common stock on the Main Board of the Singapore Exchange, in addition to its current listing on Nasdaq, aiming to expand its presence in the APAC region [1][2] Company Strategy - The application aligns with AvePoint's strategy to broaden its presence in the APAC region, where it has established a strong track record since 2009 [2] - Singapore serves as AvePoint's Asia headquarters and International R&D Hub, fostering strong relationships with governmental organizations and corporations in the region [2] Financial Performance - AvePoint emphasizes its consistent execution and strong financial performance globally, particularly in the APAC region, which is expected to attract APAC-focused investors looking for high-quality B2B SaaS opportunities [2] Company Overview - AvePoint is a global leader in data security, governance, and resilience, with over 21,000 customers worldwide relying on its solutions across various collaboration environments [4] - The company's global channel partner program includes over 3,500 managed service providers, value-added resellers, and systems integrators, with solutions available in more than 100 cloud marketplaces [4]

Core Points - AvePoint will report its fourth quarter and full year 2024 financial results on February 27, 2025, after US financial markets close [1] - The company will host a conference call on the same day at 4:30pm ET, featuring CEO Dr. Tianyi Jiang and CFO Jim Caci [2] - An Investor Day is scheduled for March 3, 2025, at 8:30am ET, where the executive team will discuss market trends and the company's financial outlook [4] Financial Reporting - The fourth quarter and full year 2024 financial results will be discussed during a conference call [2] - A live webcast of the conference call will be available on AvePoint's Investor Relations website, with a replay accessible for approximately 90 days [3] Investor Engagement - Advance registration is required for the Investor Day event, which will also be available via a live webcast [5] - The event will include insights into the AvePoint Confidence Platform and a question-and-answer session [4] Company Overview - AvePoint is a global leader in data security, governance, and resilience, serving over 21,000 customers worldwide [6] - The company has a global channel partner program with over 3,500 managed service providers and its solutions are available in more than 100 cloud marketplaces [6]

Acquisition Overview - AvePoint has entered into an agreement to acquire Ydentic, a SaaS company specializing in centralized multi-tenant management for Microsoft Managed Services Providers (MSPs) [1] - The acquisition aims to enhance AvePoint's MSP platform, Elements, by driving greater MSP profitability, operational efficiency, scalability, and new security-centric recurring revenue streams [1] - The acquisition is expected to close by the end of January 2025 [4] Strategic Alignment and Vision - The acquisition aligns with AvePoint's strategic priority to scale and expand its channel ecosystem, enhancing automation, service management, and reporting capabilities for MSPs [2] - Ydentic's smart software automates IT management tasks, enhances processes, and provides full control for customers, reducing operating costs and eliminating knowledge barriers for employees [2] - Both companies share a vision of empowering MSPs with cutting-edge technology and automation, which is expected to drive significant value for customers and AvePoint's growing channel business [3] Industry Context - The cybersecurity managed services market was estimated to be over $80 billion at the end of 2024, highlighting the importance of data, access, and endpoint security solutions in the age of AI [3] - Ydentic was recently named to Deloitte's Technology Fast 50 program in the Netherlands, reflecting its impressive growth trajectory and strong domain expertise [2] Company Background - AvePoint is a global leader in data security, governance, and resilience, with over 21,000 customers worldwide relying on its solutions to modernize the digital workplace across Microsoft, Google, Salesforce, and other collaboration environments [5] - AvePoint's global channel partner program includes over 3,500 managed service providers, value-added resellers, and systems integrators, with solutions available in more than 100 cloud marketplaces [5]

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AvePoint, Inc. (AVPT) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company.The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this company, should get reflected in its stock price. After all, empirical research shows a strong correlation between trends ...

Core Viewpoint - AvePoint, Inc. (AVPT) has received an upgrade to a Zacks Rank 2 (Buy), indicating a positive trend in earnings estimates which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system is based on changes in earnings estimates, which are strongly correlated with near-term stock price movements [4][6]. - An increase in earnings estimates typically leads to higher fair value calculations by institutional investors, resulting in stock price movements [4]. AvePoint's Earnings Outlook - For the fiscal year ending December 2024, AvePoint is expected to earn $0.18 per share, reflecting a 125% increase from the previous year [8]. - Over the past three months, the Zacks Consensus Estimate for AvePoint has risen by 66.7%, indicating a positive trend in earnings expectations [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 (Strong Buy) stocks historically generating an average annual return of +25% since 1988 [7]. - The upgrade of AvePoint to a Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10][11].

Investors interested in Business Services stocks should always be looking to find the best-performing companies in the group. Is AvePoint, Inc. (AVPT) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Business Services peers, we might be able to answer that question.AvePoint, Inc. is a member of our Business Services group, which includes 305 different companies and currently sits at #4 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 di ...

JERSEY CITY, N.J., Nov. 19, 2024 (GLOBE NEWSWIRE) -- AvePoint (NASDAQ: AVPT), the global leader in data security, governance, and resilience, today at Microsoft Ignite announced first-to-market Microsoft 365 Copilot benchmarking capabilities within AvePoint tyGraph to give organizations critical insights into how their AI adoption and usage patterns compare to others. Adding to the AvePoint Confidence Platform, which powers secure and effective AI initiatives, these enhancements help organizations evaluate ...

JERSEY CITY, N.J., Nov. 11, 2024 (GLOBE NEWSWIRE) -- AvePoint (Nasdaq: AVPT), the global leader in robust data management and data governance, today announced that members of the Company’s executive management team will present at the following investor conferences: Needham 18th Annual Security, Networking & Communications Conference (Virtual): Tuesday, November 19 at 11:45am ETWells Fargo 8th Annual TMT Summit (Rancho Palos Verdes, CA): Tuesday, December 3 at 8:45am PTUBS Global Technology & AI Conference ...