AvePoint’s ARR Grew 27%. Why Didn’t Its Adjusted Margin Follow?

AvePoint, Inc. (NASDAQ:AVPT) is expanding quickly, but shareholders are receiving mixed profitability signals. Its August 6 report showed second-quarter revenue rising 22% to $124.5 million and annual recurring revenue increasing 27% to $465.1 million. Adjusted operating margin nevertheless fell to 16.3% from 18.4%. Gross margin fell to 73.1% from 74.0%, reducing the portion of sales […]