AvidXchange Holdings (AVDX) Tops Q2 EPS by 1c ; Offers Guidance

AvidXchange Holdings (NASDAQ: AVDX) reported Q2 EPS of $0.05, $0.01 better than the analyst estimate of $0.04. Revenue for the quarter came in at $105.1 million versus the consensus estimate of $107 million.

GUIDANCE:

AvidXchange Holdings sees FY2024 revenue of $436-439 million, versus the consensus of $447.4 million.

Adjusted EBITDA(1&2) - $73.0 - $75.0

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

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