How did AVPT's Q4 earnings surprise impact its annual performance?

AvePoint's (AVPT) Q4 earnings surprise had a positive impact on its annual performance, as indicated by the following analysis:

1. **Q4 Earnings Performance**:
- AVPT's Q4 diluted EPS was $0.05, which was slightly below the estimate of $0.06.
- The estimated revenue for Q4 was $87.87 million, and the company achieved a total revenue of $89.18 million, indicating a slight positive surprise.
2. **Annual Performance Impact**:
- The Q4 earnings surprise, although small, contributed positively to the annual performance, as the company achieved higher revenue than estimated.
- The slight positive change in EPS and the revenue beat expectations suggest that AVPT's performance for the year was stronger than anticipated.
3. **Stock Performance**:
- Following the earnings release, AVPT's stock price increased by 0.9%.
- This indicates that the market responded positively to the earnings report, which may have been influenced by the Q4 earnings surprise.

In conclusion, while the Q4 earnings surprise was modest, it still had a positive effect on AvePoint's annual performance, reflected in the company's revenue exceeding estimates and a slight increase in stock price.

|code|Ticker|Name|Date|Total Revenue|Diluted EPS|market_code|
|---|---|---|---|---|---|---|
|AVPT|AVPT.O|AvePoint|2024 Q1|7.4534E7|-0.01|185|
|AVPT|AVPT.O|AvePoint|2024 Q2|7.7961E7|-0.07|185|
|AVPT|AVPT.O|AvePoint|2024 Q3|8.8804E7|0.01|185|
|AVPT|AVPT.O|AvePoint|2024 Q4|8.9183E7||185|

|code|Ticker|Name|Date|Revenue Surprise|market_code|
|---|---|---|---|---|---|
|AVPT|AVPT.O|AvePoint|2024 Q1|2200000|185|
|AVPT|AVPT.O|AvePoint|2024 Q2|2791000|185|
|AVPT|AVPT.O|AvePoint|2024 Q3|5414000|185|
|AVPT|AVPT.O|AvePoint|2024 Q4|1310000|185|