AvidXchange Holdings (AVDX) Reports Q3 Adjusted Net Loss of $15.3M

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/27/2026

1. ORCL
2. AVGO
3. CDNS
4. ANT
5. BA
6. SPY
7. META
8. HOOD
9. INTC
10. JBLU

Go back to AvidXchange Holdings (AVDX) Reports Q3 Adjusted Net Loss of $15.3M

AvidXchange Announces Third Quarter 2021 Financial Results

November 16, 2021 4:05 PM EST

Revenue Increased 37% Year-over-year, Driven by 40% Total Payment Volume Growth for the Quarter

CHARLOTTE, N.C., Nov. 16, 2021 (GLOBE NEWSWIRE) -- AvidXchange Holdings, Inc. (Nasdaq: AVDX), a leading provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced financial results for the third quarter ended September 30, 2021.

I am pleased to report that we delivered strong third quarter results highlighted by 37% year-over-year revenue growth and 40% growth in total payment volume. We believe our strong results reflect continued demand for our software enabled,... More