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AvePoint raises FY24 revenue view to $327.8M-$329.8M from $308.6M-$316.6M

AvePoint raises FY24 revenue view to $327.8M-$329.8M from $308.6M-$316.6M

Consensus $322.56M. The company said, “For the full year 2024, the Company now expects: Total ARR of $324.9 million to $326.9 million, or year-over-year growth of 23% at the midpoint. Total revenues of $327.8 million to $329.8 million, or year-over-year growth of 21% at the midpoint. Non-GAAP operating income of $45.8 million to $46.8 million, or a non-GAAP operating margin of 14% at the midpoint.”

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