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home / news releases / AVDX - AvidXchange GAAP EPS of -$0.13 beats by $0.01 revenue of $82.41M beats by $3.78M

AVDX - AvidXchange GAAP EPS of -$0.13 beats by $0.01 revenue of $82.41M beats by $3.78M

AvidXchange Holdings Inc.
  • AvidXchange press release ( NASDAQ: AVDX ): Q3 GAAP EPS of -$0.13 beats by $0.01 .
  • Revenue of $82.41M (+26.4% Y/Y) beats by $3.78M .
  • Total transactions processed +11.9% Y/Y to 18M; Total payment volume+29.45 Y/Y to $18.1B; Transaction yield +12.85 Y/Y to $4.57.
  • FY2022 Outlook : The company raised revenue outlook to $314M - $315M from prior view of $308M to $310M vs. consensus of $309.86M; Adjusted EBITDA of $(18.0)M - $(19.0)M from prior view of $(27.0)M - $(29.0)M.

For further details see:

AvidXchange GAAP EPS of -$0.13 beats by $0.01, revenue of $82.41M beats by $3.78M
Stock Information
Company Name: AvidXchange Holdings Inc.
Stock Symbol: AVDX
Market: OTC
Website: avidxchange.com
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