Avalara (AVLR) Tops Q1 EPS by 6c

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Avalara Announces First Quarter 2020 Financial Results

May 7, 2020 4:10 PM EDT

First Quarter Total Revenue of $111.4 Million

Subscriptions and Returns Revenue Growth of 35% From First Quarter 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 first quarter ended March 31, 2020.

Avalara continued to see strong growth at the start of 2020, driven by the delivery and adoption of our compliance automation suite by a variety of industries, segments, and regions, said Scott McFarlane, co-founder and chief executive officer of Avalara. We... More