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Jun 30, 2024
Avepoint Q2 2024 Earnings Report
Announced second quarter 2024 financial results, demonstrating growth in SaaS revenue and total revenue.
Key Takeaways
AvePoint reported strong second quarter results, with SaaS revenue growing 40% year-over-year and total revenue increasing by 20%. The company is raising its full-year expectations for total ARR, total revenues, and non-GAAP operating income.
SaaS revenue reached $53.6 million, a 40% increase year-over-year.
Total revenue was $78.0 million, up 20% year-over-year.
Total ARR reached $290.1 million, a 23% increase year-over-year.
The company raised full-year outlook for total ARR, total revenues, and non-GAAP operating income.
Avepoint
Avepoint
Avepoint Revenue by Segment
Revenue by Segment
SaaS Revenue
CapyFin.com Forward Guidance
AvePoint is raising its full year outlook for total ARR, total revenues and non-GAAP operating income.