Avalara (AVLR) Tops Q3 EPS by 3c

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Go back to Avalara (AVLR) Tops Q3 EPS by 3c

Avalara Announces Third Quarter 2018 Financial Results

November 7, 2018 4:10 PM EST

Total Revenue of $69.5 Million

Approximately 8,490 Core Customers as of September 30, 2018

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, 2018.

With our third consecutive quarter of 25% revenue growth, we delivered another strong performance, said Scott McFarlane, Avalara co-founder and chief executive officer. Transaction tax compliance remains a highly manual process. It is in the early stages of automating, representing an estimated $8 billion addressable market for us.... More