AvidXchange Holdings Q1 Adj. EPS $0.05 Misses $0.06 Estimate, Sales $107.94M Miss $109.58M Estimate

Benzinga05-07

AvidXchange Holdings (NASDAQ:AVDX) reported quarterly earnings of $0.05 per share which missed the analyst consensus estimate of $0.06 by 16.67 percent. This is unchanged from the same period last year. The company reported quarterly sales of $107.94 million which missed the analyst consensus estimate of $109.58 million by 1.49 percent. This is a 2.22 percent increase over sales of $105.60 million the same period last year.

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