AvidXchange (AVDX) Earnings Date, Estimates & Call Transcripts

$7.93

-0.07 (-0.88%)

(As of 09/6/2024 ET)

Upcoming Earnings Date: Nov. 13Estimated
Actual EPS (Jul. 31): $0.05 Beat By $0.01
Consensus EPS (Jul. 31): $0.04

AVDX Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

AVDX Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

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AvidXchange Analyst EPS Estimates

Current Year EPS Consensus Estimate:$0.01 EPS
Next Year EPS Consensus Estimate: $0.12 EPS

AVDX Earnings Date and Information

AvidXchange last announced its earnings results on July 31st, 2024. The reported $0.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.01. The firm earned $105.30 million during the quarter, compared to the consensus estimate of $107.13 million. Its quarterly revenue was up 15.6% compared to the same quarter last year. AvidXchange has generated ($0.15) earnings per share over the last year (($0.15) diluted earnings per share). Earnings for AvidXchange are expected to grow by 1,100.00% in the coming year, from $0.01 to $0.12 per share. AvidXchange has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, November 13th, 2024 based off prior year's report dates.

AvidXchange Earnings History by Quarter

Time Frame

Start Date

End Date

Export to Excel

Date	Quarter	Consensus Estimate	Reported EPS	Beat/Miss	GAAP EPS	Revenue Estimate	Actual Revenue
11/13/2024 (Estimated)	-	-	-	-	-	-	-
7/31/2024	Q2 2024	$0.04	$0.05	+$0.01	($0.02)	$107.13 million	$105.30 million
5/8/2024	Q1 2024	($0.02)	$0.02	+$0.04	$0.04	$101.33 million	$105.60 million
11/8/2023	Q3 2023	($0.10)	($0.01)	+$0.09	$0.02	$94.49 million	$98.68 million
8/2/2023	Q2 2023	($0.09)	($0.05)	+$0.04	($0.01)	$88.98 million	$91.15 million
5/3/2023	Q1 2023	($0.11)	($0.06)	+$0.05	($0.04)	$82.66 million	$86.82 million
3/1/2023	Q4 2022	($0.15)	($0.08)	+$0.07	($0.03)	$84.64 million	$86.18 million
Get the Latest News and Ratings for AVDX and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for AvidXchange and its competitors with MarketBeat's FREE daily newsletter.
11/2/2022	Q3 2022	($0.16)	($0.10)	+$0.06	($0.07)	$78.55 million	$82.41 million
8/3/2022	Q2 2022	($0.21)	($0.11)	+$0.10	($0.09)	$72.73 million	$76.56 million
5/5/2022	Q1 2022	($0.21)	($0.11)	+$0.10	($0.09)	$68.67 million	$71.20 million
3/7/2022	Q4 2021	($0.11)	($0.26)	($0.15)	($0.05)	$66.06 million	$69.27 million
11/16/2021	Q3 2021	($0.15)	($0.38)	($0.23)	($0.05)	$61.65 million	$65.18 million

AvidXchange Earnings - Frequently Asked Questions

When is AvidXchange's earnings date?: AvidXchange has not confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, November 13th, 2024 based off last year's report dates. Learn more on AVDX's earnings history.
What guidance has AvidXchange issued on next quarter's earnings?: AvidXchange updated its FY 2024 earnings guidance on Wednesday, July, 31st. The company issued revenue guidance of $436.0 million-$439.0 million, compared to the consensus revenue estimate of $447.5 million.
Did AvidXchange beat their earnings estimates last quarter?: In the previous quarter, AvidXchange (NASDAQ:AVDX) reported $0.05 earnings per share (EPS) to beat the analysts' consensus estimate of $0.04 by $0.01. Learn more on analysts' earnings estimate vs. AVDX's actual earnings.
How can I listen to AvidXchange's earnings conference call?: The conference call for AvidXchange's latest earnings report can be listened to online. Listen to Conference Call
How can I read AvidXchange's conference call transcript?: The conference call transcript for AvidXchange's latest earnings report can be read online. Read Transcript
How much revenue does AvidXchange generate each year?: AvidXchange (NASDAQ:AVDX) has a recorded annual revenue of $413.47 million.
How much profit does AvidXchange generate each year?: AvidXchange (NASDAQ:AVDX) has a recorded net income of -$47.33 million. AVDX has generated -$0.15 earnings per share over the last four quarters.
What is AvidXchange's EPS forecast for next year?: AvidXchange's earnings are expected to grow from $0.01 per share to $0.12 per share in the next year, which is a 1,100.00% increase.