AVDX News and Press, AvidXchange Holdings Inc. From 12/19/22

CHARLOTTE, N.C., Dec. 19, 2022 (GLOBE NEWSWIRE) -- AvidXchange Holdings, Inc. (Nasdaq: AVDX), a leading provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced the appointment of two new Board members: Sonali Sa...

Summary Lone Pine Capital’s 13F portfolio value remained almost steady at $10.61B this quarter. They increased PayPal and added Autodesk and TransDigm Group while dropping Alphabet, Atlassian, and ServiceNow. The top three positions are Workday, Amazon, and PayPal. They add u...

CHARLOTTE, N.C., Dec. 06, 2022 (GLOBE NEWSWIRE) -- AvidXchange (Nasdaq: AVDX), a leading provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced an invoice-to-pay application programming interface (API) integrat...

CHARLOTTE, N.C., Nov. 29, 2022 (GLOBE NEWSWIRE) -- AvidXchange (Nasdaq: AVDX), a leading provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced the launch of cross-border payments (CBP) . The embedded...

Date: June 1, 2023 Location: Charlotte, North Carolina RSVP link CHARLOTTE, N.C., Nov. 11, 2022 (GLOBE NEWSWIRE) -- AvidXchange Holdings, Inc. (Nasdaq: AVDX), a leading provider of accounts payable (AP) automation software and payment solutions for middle market businesses...

The following slide deck was published by AvidXchange Holdings, Inc. in conjunction with their 2022 Q3 earnings call. For further details see: AvidXchange Holdings, Inc. 2022 Q3 - Results - Earnings Call Presentation

AvidXchange Holdings, Inc. (AVDX) Q3 2022 Earnings Conference Call November 2, 2022 10:00 A.M. ET Company Participants Mike Praeger - Co-Founder and Chief Executive Officer Joel Wilhite - Chief Financial Officer Conference Call Participants Dave Koning - ...

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....

--Third quarter 2022 revenue and adjusted EBITDA results ahead of internal forecast driven by transaction growth, efficiencies and operating expense control --Comparable (quarter over-quarter) third quarter 2022 revenue growth 26.4% led chiefly by sustained transaction growth and tran...

Summary AvidXchange Holdings, Inc. went public in October 2021, raising approximately $660 million in gross IPO proceeds. The company provides B2B accounts payable software to organizations worldwide. AvidXchange continues to grow revenue, but operating losses are increasing a...