Avalara (AVLR) Tops Q3 EPS by 11c, Revenues Beat; Offers 4Q EPS/Revenue Guidance Above Consensus
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Avalara Announces Third Quarter 2020 Financial Results
November 5, 2020 4:01 PM ESTThird Quarter Total Revenue of $127.9 Million
Total Revenue Growth of 30% From Third 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 third quarter ended September 30, 2020.
Avalaras stellar third quarter performance exceeded our expectations, with revenue growth accelerating to 30 percent year-over-year, reaching a key milestone of a half a billion topline annual revenue run rate, said Scott McFarlane, Avalara co-founder and chief executive officer. Our results demonstrate the... More
