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Sep 30, 2022
Avepoint Q3 2022 Earnings Report
Announced third quarter 2022 financial results, demonstrating growth in SaaS revenue and total revenue.
Key Takeaways
AvePoint reported a strong Q3 2022, with a 34% year-over-year growth in SaaS revenue and a 16% year-over-year growth in total revenue. The company is well-positioned to capture the market opportunity.
SaaS revenue grew 34% year-over-year, or 45% adjusted for constant currency.
Total revenue increased by 16% year-over-year, or 26% adjusted for constant currency.
Total ARR reached $191.7 million, a 30% year-over-year growth, or 34% adjusted for FX impact.
The company continues to invest in strategic growth initiatives while controlling expenses.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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