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]

EnglishItalianoEspañolPortuguêsDeutschالعربيةFrançaisImportant DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your ...

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 ...

Group 1 - AvePoint, a global leader in data management and governance, will present at several upcoming investor conferences, including the Needham 18th Annual Security, Networking & Communications Conference on November 19, 2024, and the Wells Fargo 8th Annual TMT Summit on December 3, 2024 [1] - The company will also attend the RBC 2024 Capital Markets Global Technology, Internet, Media and Telecommunications Conference on November 20, 2024, and the Northland Growth Conference on December 12, 2024 [1] - A live and archived webcast of all presentations will be available on AvePoint's Investor Relations website [1] Group 2 - AvePoint serves over 21,000 customers globally, providing solutions that secure the digital workplace across platforms like Microsoft, Google, and Salesforce [2] - The company's global partner program includes over 3,500 managed service providers, value-added resellers, and systems integrators, with solutions available in more than 100 cloud marketplaces [2]

AvePoint, Inc. (NASDAQ:AVPT) Q3 2024 Earnings Call November 7, 2024 4:30 PM ET Company Participants Jamie Arestia - Investor Relations TJ Jiang - Chief Executive Officer Jim Caci - Chief Financial Officer Conference Call Participants Jason Ader - William Blair Brett Knoblauch - Cantor Fitzgerald Nehal Chokshi - Northland Capital Markets Kirk Materne - Evercore ISI Derrick Wood - TD Cowen Operator Good day and welcome to the AvePoint Inc. Q3 2024 Earnings Call. [Operator Instructions] Please note this event ...

AvePoint, Inc. (AVPT) came out with quarterly earnings of $0.06 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.03 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 20%. A quarter ago, it was expected that this company would post earnings of $0.03 per share when it actually produced a loss of $0.01, delivering a surprise of -133.33%.Over the last four quarters, the company has ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to ___________. Commission file number: 001-39048 AvePoint, Inc. (Exact name of registrant as specified in its charter) Delaware 83-446170 ...