Avalara (AVLR) Tops Q2 EPS by 4c, Offers Q3 and FY Guidance

Avalara (NYSE: AVLR) reported Q2 EPS of ($0.19), $0.04 better than the analyst estimate of ($0.23). Revenue for the quarter came in at $63.7 million versus the consensus estimate of $60.8 million.

GUIDANCE:

Avalara sees Q3 2018 revenue of $66-66.5 million, versus the consensus of $63.66 million.

• Non-GAAP operating loss between $10.0 and $11.0 million.

Avalara sees FY2018 revenue of $260-261 million, versus the consensus of $253.5 million.

• Non-GAAP operating loss between $41.5 and $43.5 million.

For earnings history and earnings-related data on Avalara (AVLR) click here.

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