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home / news releases / AVDX - AvidXchange Holdings Inc. (AVDX) Q1 2024 Earnings Call Transcript


AVDX - AvidXchange Holdings Inc. (AVDX) Q1 2024 Earnings Call Transcript

2024-05-11 12:08:09 ET

AvidXchange Holdings, Inc. (AVDX)

Q1 2024 Earnings Conference Call

May 8, 2024 10:00 ET

Company Participants

Subhaash Kumar - Head, Investor Relations

Michael Praeger - Co-Founder and Chief Executive Officer

Joel Wilhite - Chief Financial Officer

Conference Call Participants

Dave Koning - Baird

Darrin Peller - Wolfe Research

Sanjay Sakhrani - KBW

Craig Maurer - FT Partners

Andrew Bauch - Wells Fargo

Bryan Keane - Deutsche Bank

Ramsey El-Assal - Barclays

Tien-tsin Wang - JPMorgan

James Faucette - Morgan Stanley

Alex Markgraff - KeyBanc Capital Markets

Rufus Hone - BMO

Presentation

Operator

Good morning, everyone, and thank you for joining us for the AvidXchange Holdings Incorporated First Quarter 2024 Earnings Call. Please note this event is being recorded.

Joining us on the call today is Michael Praeger, AvidXchange’s Co-Founder and Chief Executive Officer; Joel Wilhite, AvidXchange’s Chief Financial Officer; and Subhaash Kumar, AvidXchange’s Head of Investor Relations.

Before we begin today’s call, management has asked me to relay the forward-looking statements disclaimer that is included at the end of today’s press release. This disclaimer emphasizes the major uncertainties and risks inherent in the forward-looking statements the company will make today. Please keep these uncertainties and risks in mind as the company discusses future strategic initiatives, potential market opportunities, operational outlook and financial guidance during today’s call.

Also please note that the company undertakes no duty to update or revise forward-looking statements. Today’s call will also include a discussion of non-GAAP financial measures as that term is defined in Regulation G. Non-GAAP financial measures should not be considered in isolation from or as a substitute for financial information presented in compliance with GAAP. Accordingly, at the end of today’s press release, the company has provided a reconciliation of these non-GAAP financial measures to financial results prepared in accordance with GAAP. [Operator Instructions]

I would now like to turn the conference over to Michael Praeger. Please go ahead....

For further details see:

AvidXchange Holdings, Inc. (AVDX) Q1 2024 Earnings Call Transcript
Stock Information

Company Name: AvidXchange Holdings Inc.
Stock Symbol: AVDX
Market: OTC
Website: avidxchange.com

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