AvePoint's (SGX:AVP) net income attributable to common stockholders for the second quarter of the year surged to $27.6 million from $2.9 million a year earlier, according to a Thursday filing with the Singapore Exchange.
Shares of the software developer were down over 5% in Friday trading.
Earnings per share came in at $0.12 compared with $0.01 in the year-ago period.
Total revenue was up 22% year over year to $124.5 million, with SaaS revenue up 27% to $98.5 million.