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Stifel Downgrades Avalara (AVLR) to Hold

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Avalara Announces Second Quarter 2022 Financial Results

August 8, 2022 7:02 AM EDT

Company Cancels Earnings Call in Light of Transaction with Vista Equity Partners

Second Quarter Total Revenue of $208.6 Million

Total Revenue Growth of 23% From Second 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 second quarter ended June 30, 2022.

We posted a solid second quarter delivering year-over-year total revenue growth of 23%, in line with our guidance and we... More

Avalara to be Acquired by Vista Equity Partners for $8.4 Billion

August 8, 2022 7:00 AM EDT

Avalara shareholders to receive $93.50 per share in cash

Avalara to become a private company upon completion of the transaction

SEATTLE--(BUSINESS WIRE)-- Avalara, Inc. (NYSE: AVLR), a leading provider of tax compliance automation for businesses of all sizes, today announced it has entered into a definitive agreement to be acquired by... More