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Stock impact report

AvidXchange Holdings, Inc. (AVDX) Outperforms Broader Market: What You Need to Know [Yahoo! Finance]

AvidXchange Holdings, Inc. (AVDX) 
NASDAQ:AMEX Investor Relations: ir.avantdiagnostics.com
Company Research Source: Yahoo! Finance
The stock's change was more than the S&P 500's daily gain of 0.57%. Meanwhile, the Dow gained 0.83%, and the Nasdaq, a tech-heavy index, added 0.39%. Shares of the company have appreciated by 3.91% over the course of the past month, outperforming the Computer and Technology sector's gain of 3.42% and the S&P 500's gain of 2.97%. Analysts and investors alike will be keeping a close eye on the performance of AvidXchange Holdings, Inc. in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of $0.03, marking a 250% rise compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $101.76 million, reflecting a 17.2% rise from the equivalent quarter last year. For the full year, the Zacks Consensus Estimates are projecting earnings of $0.18 per share and revenue of $444.13 million, which would represent changes of +157.14% and +16.66%, respectively, from the prior year. Investor Show less Read more
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