AvidXchange Holdings (AVDX) Tops Q1 EPS by 5c

AvidXchange Holdings (NASDAQ: AVDX) reported Q1 EPS of ($0.13), $0.05 better than the analyst estimate of ($0.18). Revenue for the quarter came in at $71.2 million versus the consensus estimate of $67.83 million.

GUIDANCE:

AvidXchange Holdings sees FY2022 revenue of $303-307 million, versus the consensus of $299.4 million.

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

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