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Avepoint Inc. - AVPT STOCK NEWS

Welcome to our dedicated page for Avepoint news (Ticker: AVPT), a resource for investors and traders seeking the latest updates and insights on Avepoint stock.

About AvePoint Inc. (NASDAQ: AVPT)

AvePoint Inc. is a global leader in data security, governance, and resilience, empowering organizations to modernize their digital workplaces and collaborate with confidence. Founded in 2001 and headquartered in Jersey City, NJ, AvePoint specializes in providing cloud-based solutions that enable businesses to manage, protect, and optimize their critical data across multi-cloud environments, including platforms such as Microsoft 365, Google Workspace, and Salesforce. With a presence in over 100 cloud marketplaces and a global customer base exceeding 25,000 organizations, AvePoint is at the forefront of addressing the pivotal challenges of digital transformation, cybersecurity, and compliance.

Core Offerings

The company’s flagship product, the AvePoint Confidence Platform, is a comprehensive suite of SaaS solutions designed to support IT operations, cybersecurity, and compliance teams. It provides tools for:

  • Data Protection: Safeguarding sensitive information through advanced backup, recovery, and encryption capabilities.
  • Information Lifecycle Management: Ensuring data is stored, accessed, and disposed of in compliance with regulatory requirements.
  • Risk Intelligence: Identifying and mitigating potential vulnerabilities in enterprise data systems.
  • Cloud Migration: Seamlessly transferring data between on-premises and cloud environments.

These solutions cater to a wide range of industries, including financial services, healthcare, public sector, and energy, addressing their unique data management and compliance needs.

Business Model and Market Position

AvePoint generates revenue primarily through subscription-based SaaS offerings, licensing, and partnerships with managed service providers (MSPs) and value-added resellers (VARs). Its solutions are available on a global scale, supported by a robust partner network of approximately 5,000 MSPs and VARs. This extensive reach, combined with its deep integration with leading collaboration platforms, positions AvePoint as a trusted partner for enterprises navigating complex digital transformations.

Industry Context and Competitive Landscape

The increasing reliance on cloud services and the adoption of AI technologies have amplified the need for robust data governance and cybersecurity solutions. AvePoint's focus on enabling secure collaboration and its ability to address compliance and risk management challenges make it a key player in this growing market. Competitors include companies like Veeam, Veritas, and Datto, but AvePoint differentiates itself through its multi-cloud capabilities, scalability, and long-standing partnerships with technology giants like Microsoft and Google.

Commitment to Innovation and Sustainability

AvePoint continuously invests in R&D to enhance its platform, recently expanding its offerings to include advanced solutions for Google Workspace and AI-driven data governance. Its focus on innovation ensures that its customers are equipped to handle the evolving challenges of data management in a rapidly changing technological landscape. Additionally, its commitment to sustainable business practices underscores its role as a responsible corporate citizen.

Why Choose AvePoint?

With over two decades of experience, AvePoint combines technical expertise with a customer-centric approach to deliver solutions that drive operational efficiency, enhance security, and ensure compliance. Whether it’s optimizing SaaS operations or enabling secure collaboration, AvePoint empowers organizations to achieve their business objectives with confidence.

Rhea-AI Summary

AvePoint (Nasdaq: AVPT) will participate in upcoming investor conferences to present their advanced platform optimizing SaaS operations and secure collaboration. The company's executive team will attend various conferences, providing live and archived webcasts for investors.

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AvePoint, a leading platform for optimizing SaaS operations and secure collaboration, will announce its first quarter 2024 financial results on May 9, 2024. CEO Dr. Tianyi Jiang and CFO Jim Caci will discuss business trends in a conference call. Investors can access the call via phone or webcast.
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AvePoint (AVPT) enhances AI investments with new analytics for Copilot for Microsoft 365, aiming to boost productivity and innovation.
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AvePoint (AVPT) released its AI and Information Management Report, highlighting the importance of a comprehensive IM strategy in overcoming challenges during AI implementation. The survey of 750 digital workplace leaders revealed that organizations face data quality issues, but those with mature IM strategies are more likely to benefit from AI. Despite concerns about AI safety, organizations are increasingly adopting AI technologies.
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AvePoint (AVPT) reports strong financial results with full-year SaaS revenue of $161.0 million, total revenue of $271.8 million, and total ARR of $264.5 million. The company shows significant year-over-year growth and improved key customer metrics. AvePoint also announces the launch of AvePoint Opus, an AI-powered information lifecycle management solution, and invests in a growth equity fund, A3Ventures. Financially, the company demonstrates positive trends in revenue, gross profit, operating income, cash flow generation, and key performance indicators.
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AvePoint achieves HITRUST CSF v11.0.1 certification for their Confidence Platform, adding three new products to FedRAMP (moderate) authorization. The certifications highlight AvePoint's commitment to security and privacy standards for federal agencies and healthcare providers.
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AvePoint (AVPT) will release its Q4 and full-year 2023 financial results on February 29, 2024. CEO Dr. Tianyi Jiang and CFO Jim Caci will discuss the results and business trends in a conference call.
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AvePoint (Nasdaq: AVPT) will attend the 26th Annual Needham Growth Conference on January 16th. CEO Dr. Tianyi Jiang and CFO Jim Caci will present at 11am ET. The company offers an advanced platform for SaaS operations and secure collaboration.
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AvePoint (AVPT) introduces the next generation of AvePoint Confide, a secure collaboration solution designed to facilitate secure engagement with external parties directly through Microsoft 365. The new release features advanced in-product integrations with SharePoint Embedded, enhancing visibility, accountability, security, and access policies. AvePoint Confide enables users to work with external collaborators in project rooms tailored for specific business needs, seamlessly integrating with Microsoft 365 productivity tools while ensuring granular security, compliance, and governance features. The solution also offers enhanced co-authoring capabilities, even when using the desktop Office, ensuring that collaborative content remains secure within AvePoint Confide.
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AvePoint (Nasdaq: AVPT) launches AvePoint Cloud Backup Express, a solution that enhances business continuity by protecting and securing Microsoft OneDrive, SharePoint, and Exchange data with greater speed and scale. The product offers advanced in-product integrations with Microsoft 365 Backup Storage, providing unprecedented speed, security, and protection for digital workplace technology investments. AvePoint's multi-SaaS backup solution ensures data protection, compliance, and security, offering a holistic approach to safeguarding data in the event of a malicious attack or accidental data deletion.
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FAQ

What is the current stock price of Avepoint (AVPT)?

The current stock price of Avepoint (AVPT) is $15.03 as of March 3, 2025.

What is the market cap of Avepoint (AVPT)?

The market cap of Avepoint (AVPT) is approximately 3.0B.

What does AvePoint Inc. specialize in?

AvePoint specializes in data security, governance, and resilience, offering SaaS solutions to manage, protect, and optimize enterprise data across multi-cloud environments.

What is the AvePoint Confidence Platform?

The AvePoint Confidence Platform is a cloud-based suite of tools designed to support IT operations, cybersecurity, and compliance through data protection, lifecycle management, and risk intelligence.

How does AvePoint generate revenue?

AvePoint generates revenue through subscription-based SaaS offerings, licensing, and partnerships with managed service providers and value-added resellers.

Who are AvePoint’s key competitors?

AvePoint competes with companies like Veeam, Veritas, and Datto, but differentiates itself through its multi-cloud capabilities and deep integration with platforms like Microsoft 365 and Google Workspace.

What industries does AvePoint serve?

AvePoint serves industries such as financial services, healthcare, public sector, and energy, addressing their unique data management and compliance needs.

What makes AvePoint’s solutions unique?

AvePoint’s solutions stand out for their scalability, multi-cloud integration, and focus on compliance and cybersecurity, enabling secure collaboration across platforms.

What is AvePoint’s approach to AI and digital transformation?

AvePoint integrates AI-driven data governance into its solutions, helping organizations manage growing data volumes and optimize their digital transformation strategies.

Where is AvePoint headquartered?

AvePoint is headquartered in Jersey City, NJ, and has a global presence with operations in over 100 cloud marketplaces.
Avepoint Inc.

Nasdaq:AVPT

AVPT Rankings

AVPT Stock Data

2.98B
117.03M
37.36%
49.36%
3.48%
Software - Infrastructure
Services-prepackaged Software
Link
United States
JERSEY CITY