AvidXchange Holdings (AVDX) Reports Q3 Adjusted Net Loss of $15.3M
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AvidXchange Announces Third Quarter 2021 Financial Results
November 16, 2021 4:05 PM ESTRevenue 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
