AvePoint Q3 EPS $(0.02) Vs $(0.04) Last Year, Sales $72.76M Beat $69.01M Estimate
Portfolio Pulse from Benzinga Newsdesk
AvePoint reported Q3 earnings per share (EPS) of $(0.02), a 50% improvement from $(0.04) last year. The company's quarterly sales were $72.76M, beating the analyst consensus estimate of $69.01M by 5.43% and marking a 15.97% increase from the same period last year.
November 09, 2023 | 10:27 pm
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POSITIVE IMPACT
AvePoint's Q3 results showed improved EPS and higher-than-expected sales, which could positively impact the company's stock in the short term.
AvePoint's Q3 results exceeded expectations with a 50% YoY improvement in EPS and a 5.43% beat on sales estimates. This positive financial performance could lead to increased investor confidence and a potential rise in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100