Free Trial

AvidXchange Q1 2023 Earnings Report

AvidXchange logo
$11.08 -0.10 (-0.89%)
(As of 02:27 PM ET)

AvidXchange EPS Results

Actual EPS
-$0.06
Consensus EPS
-$0.11
Beat/Miss
Beat by +$0.05
One Year Ago EPS
N/A

AvidXchange Revenue Results

Actual Revenue
$86.82 million
Expected Revenue
$82.66 million
Beat/Miss
Beat by +$4.16 million
YoY Revenue Growth
N/A

AvidXchange Announcement Details

Quarter
Q1 2023
Time
N/A

Conference Call Resources

Conference Call Audio

Slide Deck

Healthcare Takes A Big Step Forward With The Help of A.I. (Ad)

To date, we've seen baseline AI models lay the groundwork. Tools like ChatGPT are useful, but they are still simple, proof-of-concept systems. For its next act, AI is going to help save lives. Already better than humans at a number of medical tasks, AI is ramping up to completely revolutionize healthcare.

Click here to learn more about the booming eHealth industry - and see which microcap will be at the

AvidXchange Earnings Headlines

American Century Small Cap Growth Fund Q3 2024 Commentary
Trump’s Sending THIS Crypto Higher on Purpose
Discover the coin set to explode before 2025! Trump could trigger THIS crypto coin…
See More AvidXchange Headlines
Get Earnings Announcements in your inbox

Want to stay updated on the latest earnings announcements and upcoming reports for companies like AvidXchange? Sign up for Earnings360's daily newsletter to receive timely earnings updates on AvidXchange and other key companies, straight to your email.

About AvidXchange

AvidXchange (NASDAQ:AVDX) provides accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers in North America. The company offers AP automation software, a SaaS-based solution that automates and digitizes capture, review, approval, and payment of invoices for buyers; the AvidPay network that connects two-sided payments with buyers and suppliers; and the AvidXchange Supplier Hub, which provides supplier insights to cash flow, tools for in-network invoices and payments, and early payment feature. Its platform offers electronic invoice capture, workflow routing, and automated payments solutions. The company serves real estate, community association management, construction, financial services, healthcare facilities, social services, education, hospitality, and media sectors through direct salesforces; strategic channel partnerships; and software and technology business partners. AvidXchange Holdings, Inc. was incorporated in 2000 and is headquartered in Charlotte, North Carolina.

View AvidXchange Profile

More Earnings Resources from MarketBeat

Upcoming Earnings