AvePoint Sees Q1 Total Revenues $71.4M-$73.4M vs $70.07M Est., FY24 Total Revenues $308.6M-$316.6M vs $312.3M Est.
Portfolio Pulse from Benzinga Newsdesk
AvePoint forecasts Q1 total revenues to be between $71.4M and $73.4M, surpassing the estimated $70.07M. For FY24, the company expects revenues to range from $308.6M to $316.6M, which brackets the $312.3M estimate.
February 29, 2024 | 9:40 pm
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AvePoint projects higher-than-expected revenues for Q1 and FY24, indicating strong financial performance and potential growth.
AvePoint's projection of higher revenues than analysts' estimates for both Q1 and FY24 suggests the company is performing well and may experience growth. This positive financial outlook is likely to instill investor confidence and could lead to an increase in stock price in the short term.
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