Avalara (AVLR) Tops Q2 EPS by 14c

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Avalara Announces Second Quarter 2020 Financial Results

August 4, 2020 4:01 PM EDT

Second Quarter Total Revenue of $116.5 Million

Subscriptions and Returns Revenue Growth of 28% From Second 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 second quarter ended June 30, 2020.

Avalara posted a strong second quarter, exceeding our guidance, with June representing our best non-December total bookings month ever, said Scott McFarlane, Avalara co-founder and chief executive officer. Our results demonstrate the resiliency of our business model and that our... More