AvidXchange Announces First Quarter 2024 Financial Results
AvidXchange Holdings, Inc. (AVDX)
NASDAQ:AMEX Investor Relations:
ir.avantdiagnostics.com
Company Research
Source: GlobeNewswire
Strong across-the-board year-over-year Q1’24 financial performance driven by yield expansion, transaction growth, unit cost reduction and operating expense disciplineQ1’24 operating income loss of $(4.1) million more than halved versus a loss of $(17.1) million in the comparable year-ago periodQ1’24 adjusted EBITDA up sharply to $17.7 million vs. $0.4 million in the comparable year-ago periodSustaining a strong balance sheet with cash and marketable securities of $443.6 million to re-invest in the core business organically and inorganicallyUpdated 2024 business outlook reflects sustained strong execution amid macro volatility CHARLOTTE, N.C., May 08, 2024 (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 financial results for the first quarter ended March 31, 2024. “We continued our streak of delivering standout financ
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News
- Bull of the Day: AvidXchange (AVDX) [Yahoo! Finance]Yahoo! Finance
- AvidXchange to Participate in Upcoming Investor ConferencesGlobeNewswire
- AvidXchange Holdings, Inc. (NASDAQ:AVDX) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Mexico-based Commerce and BNPL Fintech Platform Aplazo Secures $70 Million in Equity Funding [Yahoo! Finance]Yahoo! Finance
- AvidXchange (AVDX) Reports Q1 Earnings: What Key Metrics Have to Say [Yahoo! Finance]Yahoo! Finance
AVDX
Earnings
- 5/8/24 - Beat
AVDX
Sec Filings
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- AVDX's page on the SEC website