AvePoint, Inc. (NASDAQ:AVPT) Q3 2024 Earnings Call November 7, 2024 4:30 PM ET

Company Participants

Jamie Arestia - Investor Relations
TJ Jiang - Chief Executive Officer
Jim Caci - Chief Financial Officer

Conference Call Participants

Jason Ader - William Blair
Brett Knoblauch - Cantor Fitzgerald
Nehal Chokshi - Northland Capital Markets
Kirk Materne - Evercore ISI
Derrick Wood - TD Cowen

Operator

Good day and welcome to the AvePoint Inc. Q3 2024 Earnings Call. [Operator Instructions] Please note this event is being recorded. I’d now like to turn the conference over to Jamie Arestia, Investor Relations. Please go ahead.

Jamie Arestia

Thank you, operator. Good afternoon and welcome to AvePoint’s third quarter 2024 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 uncertainties 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 gross profit, non-GAAP gross margin, 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. A reconciliation of these measures to the most directly comparable GAAP financial measures is available in our third quarter 2024 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.

TJ Jiang

Thank you, Jamie and thank you to everyone joining us on the call today. The third quarter was an exceptional one for AvePoint as we built on the momentum and strength of the first half the year, outperforming our expectations for the seventh consecutive quarter. We also demonstrated meaningful improvement on a number of key financial and operational metrics, which Jim will discuss in more detail.