Start Time: 16:30 January 1, 0000 5:12 PM ET

AvePoint, Inc. (NASDAQ:AVPT)

Q4 2023 Earnings Conference Call

February 29, 2024, 16:30 PM ET

Company Participants

Tianyi Jiang - Co-Founder and CEO

James Caci - CFO

James Arestia - VP, IR

Conference Call Participants

Chirag Ved - Evercore ISI

Derrick Wood - Cowen & Company

Operator

Good day and welcome to the AvePoint Inc. Fourth Quarter Fiscal Year 2023 Earnings Call. All participants will be in a listen-only mode. [Operator Instructions]. Please note that today's event is being recorded.

I would now like to turn the conference over to Jamie Arestia, Vice President, Investor Relations. Please go ahead, sir.

James Arestia

Thank you, operator. Good afternoon and welcome to AvePoint's fourth quarter and full year 2023 earnings call. With me on the call this afternoon is Dr. TJ Jiang, Chief Executive Officer; and Jim Caci, Chief Financial Officer. After preliminary remarks, we will open the call for a question and answer session.

Please note that this call will include forward-looking statements that involve risks and uncertainty that could cause actual results to differ materially from management's current expectations. We encourage you to review the safe harbor statements contained in our press release for a more complete description.

All material in the webcast is the sole property and copyright of AvePoint with all rights reserved. Please note this presentation describes certain non-GAAP measures, including non-GAAP operating income and non-GAAP operating margin, which are not measures prepared in accordance with U.S. GAAP. The non-GAAP measures are presented in this presentation as we believe they provide investors with a means of understanding how management evaluates the company's operating performance.

These non-GAAP measures should not be considered in isolation from, as substitutes for or superior to, financial measures prepared in accordance with U.S. GAAP. Reconciliation of these measures to the most directly comparable GAAP financial measures is available in our fourth quarter and full year 2023 earnings press release, as well as our updated investor presentation and financial tables, all of which are available on our Investor Relations website.

With that, let me turn the call over to TJ.

Tianyi Jiang

Thank you, Jamie, and thank you to everyone joining us on the call today. Our fourth quarter was an outstanding close to our strongest year yet as a public company, as we meaningfully outperformed our guidance for all metrics, total ARR, total revenues, and non-GAAP operating margin. Once again, our results were driven by the strength of our platform offering and the customer demand to establish a solid data foundation, in turn allowing our customers to manage and protect critical data, reduce costs, improve productivity and make more informed business decisions.