APXT- AvePoint is merging with Apex Technology Acquisition Corporation 2 Billion dollar deal SPAC
“We have a relationship with Microsoft for the last 19 years,” The CEO of AVE Point says
Financials: AvePoint is estimating that revenue will grow 26% year-over-year to $148 million in fiscal 2020.
The company is forecasting revenue to hit $193 million and $257 million in fiscal 2021 and fiscal 2022, respectively.
AvePoint is increasing its recurring revenue, Jiang said.
This is the second year of the company's annual recurring revenue growing at more than 30% year-over-year, the CEO said.
Long