Avalara (AVLR) Tops Q1 EPS by 20c

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Avalara Announces First Quarter 2022 Financial Results

May 5, 2022 4:10 PM EDT

First Quarter Total Revenue of $204.5 Million

Total Revenue Growth of 33% From First Quarter 2021

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, 2022.

We started 2022 with another strong quarter, exceeding our guidance and achieving topline revenue growth of 33% year-over-year, said Scott McFarlane, Avalara co-founder and chief executive officer. Mounting complexity in todays digital-first world is pushing global demand for compliance... More