AVPT - AvePoint GAAP EPS of -$0.05 beats by $0.02 revenue of $55.7M beats by $0.55M
- AvePoint press release ( NASDAQ: AVPT ): Q2 GAAP EPS of -$0.05 beats by $0.02 .
- Revenue of $55.7M (+22.8% Y/Y) beats by $0.55M .
- Shares -5% .
- Total ARR of $178.2 million, representing 28% year-over-year growth, 29% adjusted for FX impact
- Reported dollar-based net retention rate of 106%, 107% adjusted for FX impact.
- Third Quarter 2022 Guidance: Total revenue is expected to be in the range of $62 million to $64 million or approximately 17% year-over-year growth, 23% adjusted for constant currency. Non-GAAP operating income is expected to be in the range of $1 million to $2 million.
- Full Year 2022 Guidance: Total revenue is expected to be in the range of $230.0 million to $234.0 million or approximately 21% year-over-year growth, 26% adjusted for constant currency. Non-GAAP operating income/loss is expected to be in the range of a loss of $(3.5) million to income of $1.0 million. ARR is expected to be in the range of $202 million to $206 million or approximately 28% year-over-year growth, 31% adjusted for FX impact.
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AvePoint GAAP EPS of -$0.05 beats by $0.02, revenue of $55.7M beats by $0.55M