AvidXchange Holdings (AVDX) Misses Q1 EPS by 1c ; Offers Guidance

AvidXchange Holdings (NASDAQ: AVDX) reported Q1 EPS of ($0.08), $0.01 worse than the analyst estimate of ($0.07). Revenue for the quarter came in at $86.8 million versus the consensus estimate of $82.47 million.

GUIDANCE:

AvidXchange Holdings sees FY2023 revenue of $363-368 million, versus the consensus of $363.2 million.

For earnings history and earnings-related data on AvidXchange Holdings (AVDX) click here.

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