NASDAQ$AVPT
Avepoint Inc · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Announced second quarter 2021 financial results, demonstrating revenue growth and strategic investments.
AvePoint reported a record revenue of $45.3 million for the second quarter of 2021, a 38% increase year-over-year. The growth was driven by the continued adoption of Microsoft Teams and collaboration security technologies. The company is focused on expanding its market share, improving customer retention, and growing in the SMB market through channel partners.
- Total revenue reached $45.3 million, up 38% year-over-year.
- Total ARR reached $139.0 million as of June 30, 2021, up 33% year-over-year.
- SaaS revenue increased to $20.6 million, a 76% year-over-year increase.
- AvePoint's SaaS cloud platform achieved FedRAMP Authorization.
Headline financials
Revenue & EPS history
Avepoint · Revenue · Quarterly
$45.3M
Revenue by segment
Avepoint · $27.6M total across 1 segment · Q2 2022
- SaaS$27.6M—100.0%
Forward guidance
AvePoint provided financial outlook for the third quarter and full year 2021.
Tailwinds
- Expects total revenues between $51.5 and $53.5 million for Q3 2021
- Projects non-GAAP operating income between $1.7 and $3.2 million for Q3 2021
- Anticipates total revenues between $192.0 and $196.0 million for the full year 2021
- Forecasts non-GAAP operating income between $4.7 and $7.7 million for the full year 2021
- Continued expansion in user base with more than 8 million cloud users
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2021
+0.4%
Avg return
Earnings day
+4.1%
Avg return
5 days after
+7.2%
Avg return
30 days after
63%
15 / 24 earnings
Positive
+13.8%
Q3 2024
Best reaction
-12.6%
Q3 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.6% | -2.0% | +4.7% | |
| Q4 2025 | +4.1% | +7.0% | -9.1% | |
| Q3 2025 | -12.6% | -4.5% | -3.1% | |
| Q1 2025 | +8.2% | +14.0% | +12.4% | |
| Q4 2024 | -12.5% | -10.4% | -14.4% | |
| Q3 2024 | +13.8% | +21.1% | +44.3% | |
| Q2 2024 | +3.0% | +10.5% | +17.6% | |
| Q1 2024 | +1.3% | +3.4% | +10.5% | |
| Q4 2023 | +1.3% | -5.7% | +0.1% | |
| Q3 2023 | -4.0% | +7.5% | +3.5% | |
| Q2 2023 | -1.9% | +6.6% | +14.8% | |
| Q1 2023 | +3.6% | +19.7% | +46.0% | |
| Q4 2022 | -2.2% | -17.6% | -21.4% | |
| Q3 2022 | +3.1% | +30.7% | +23.7% | |
| Q2 2022 | -0.7% | -3.1% | -14.9% | |
| Q1 2022 | +3.4% | +18.0% | +30.5% | |
| Q4 2021 | +3.9% | +12.3% | +0.8% | |
| Q3 2021 | -9.6% | -20.2% | -29.4% | |
| Q2 2021 | -2.9% | -7.7% | -5.2% | |
| Q1 2021 | +1.0% | +0.6% | +12.5% | |
| Q2 2020 | +4.0% | +9.0% | +4.5% | |
| Q4 2020 | +4.0% | +9.0% | +4.5% | |
| Q3 2020 | +0.4% | -0.9% | +38.5% | |
| Q4 2019 | -0.2% | +1.8% | +1.3% |
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