Avalara Announces Third Quarter 2021 Financial Results
Avalara, Inc. (AVLR)
Last avalara, inc. earnings: 2/12 04:10 pm
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US:NYSE Investor Relations:
investor.avalara.com/home/default.aspx
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Source: Business Wire
Third Quarter Total Revenue of $181.2 MillionTotal Revenue Growth of 42% From Third Quarter 2020 SEATTLE--(BUSINESS WIRE)--Avalara, Inc. (NYSE: AVLR), a leading provider of tax compliance automation for businesses of all sizes, today announced financial results for its third quarter ended September 30, 2021.“The third quarter was another great quarter for Avalara, demonstrating the strength and durability of our business model. We reported total revenue of $181 million, representing an increase of 42% year-over-year, one of our strongest quarters in history,” said Scott McFarlane, Avalara co-founder and chief executive officer. “We are in a unique position to benefit from four major trends we see impacting businesses of all sizes, including fundamental shifts in the fabric of commerce and regulatory obligations along with rising adoption of cloud-based infrastructure and ROI expectations in the market. We believe that global demand for compliance automation is inevitable, and we ar
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