AvePoint, Inc. (AVPT) Reports Q4 Loss, Tops Revenue Estimates

Core Insights - AvePoint, Inc. reported a quarterly loss of $0.04 per share, missing the Zacks Consensus Estimate of$ 0.06, and compared to earnings of $0.07 per share a year ago, representing an earnings surprise of -166.67% [1] - The company posted revenues of$ 89.18 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 1.65%, and showing an increase from year-ago revenues of $74.62 million [2] - AvePoint shares have increased by approximately 5.6% since the beginning of the year, outperforming the S&P 500's gain of 1.3% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is$ 0.04 on revenues of $87.45 million, and for the current fiscal year, it is$ 0.24 on revenues of $390.9 million [7] - The estimate revisions trend for AvePoint is mixed, resulting in a Zacks Rank 3 (Hold), indicating that shares are expected to perform in line with the market in the near future [6] Industry Context - The Internet - Software industry, to which AvePoint belongs, is currently ranked in the top 33% of over 250 Zacks industries, suggesting that companies in the top 50% of Zacks-ranked industries tend to outperform those in the bottom 50% by more than 2 to 1 [8]