Avalara (AVLR) Tops Q4 EPS by 5c, Offers Guidance

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Avalara Announces Fourth Quarter and Fiscal Year 2019 Financial Results

February 12, 2020 4:10 PM EST

Fourth Quarter Total Revenue of $107.6 Million

Fiscal 2019 Total Revenue of $382.4 Million

Approximately 11,960 Core Customers as of December 31, 2019

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 fourth quarter and year ended December 31, 2019.

Avalaras strong fourth quarter closed out an exciting year, highlighted by Q4 revenue growing 40% year over year, said Scott McFarlane, co-founder and chief executive officer of Avalara. As we look ahead to 2020, the... More