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JERSEY CITY, N.J., April 14, 2021 /PRNewswire/ -- AvePoint, Inc. ("AvePoint" or the "Company"), the largest data management solutions provider for Microsoft 365, today announced AvePoint's preliminary financial results for the first quarter ended March 31, 2021.
"Although the Company's first quarter is historically our slowest quarter, the Company has achieved significant growth. We reported strong first quarter results with subscription revenue growth of 49% year over year at the mid-point of the range," said Dr. Tianyi "TJ" Jiang, CEO of AvePoint. "Over the past two quarters we have made meaningful investments in scaling our go-to-market organization to accelerate growth and capture the significant market opportunity ahead. Our first quarter results continue the growth momentum we experienced in 2020 and combined with the ongoing ramp of our salesforce, gives us confidence in our outlook for 2021."