Group 1 - Analysts project AvidXchange Holdings, Inc. (AVDX) will announce quarterly earnings of $0.06 per share, a 20% increase year over year [1] - Revenues are expected to reach $114.98 million, reflecting a 10.5% increase from the same quarter last year [1] - The consensus EPS estimate has remained unchanged over the past 30 days, indicating a reassessment of projections by covering analysts [1] Group 2 - Analysts estimate 'Revenues- Payment' at $82.63 million, representing an 11.3% year-over-year change [4] - 'Revenues- Software' is projected to be $31.35 million, indicating a 7.9% increase from the prior-year quarter [4] - 'Transaction Yield' is expected to reach $5.71, up from $5.45 a year ago [4] Group 3 - The average prediction for 'Transactions Processed' is 20.15 million, compared to 19.1 million a year ago [5] - 'Total Payment Volume' is anticipated to be $21.95 billion, an increase from $19.90 billion in the previous year [5] Group 4 - AvidXchange shares have shown a return of -8.9% over the past month, contrasting with the Zacks S&P 500 composite's +2.2% change [6] - AVDX holds a Zacks Rank 3 (Hold), suggesting it is expected to mirror overall market performance in the near future [6]

Group 1 - AvidXchange Holdings, Inc. (AVDX) stock closed at $10.81, reflecting a +1.69% change, outperforming the S&P 500's gain of 0.39% [1] - The stock has increased by 5.04% over the past month, surpassing the Computer and Technology sector's gain of 0.04% and the S&P 500's gain of 1.7% [1] Group 2 - AvidXchange Holdings, Inc. is set to announce its earnings on February 26, 2025, with projected earnings per share (EPS) of $0.06, indicating a 20% increase year-over-year [2] - Revenue is expected to reach $114.98 million, representing a 10.49% increase from the same quarter last year [2] Group 3 - Recent modifications to analyst estimates for AvidXchange Holdings, Inc. reflect changing short-term business dynamics, with positive revisions indicating optimism about the company's outlook [3] - The Zacks Rank system, which incorporates estimate changes, provides an actionable rating system for investors [4] Group 4 - AvidXchange Holdings, Inc. currently holds a Zacks Rank of 3 (Hold), with no changes in the Zacks Consensus EPS estimate over the past month [5] - The company has a Forward P/E ratio of 32.46, which is a premium compared to the industry average of 31.7 [6] Group 5 - The Internet - Software industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 68, placing it in the top 28% of over 250 industries [6][7] - The Zacks Industry Rank indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

Group 1 - AvidXchange Holdings, Inc. (AVDX) closed at $10.66, reflecting a -0.93% change from the previous day, underperforming the S&P 500's gain of 0.53% [1] - The stock has increased by 4.06% over the past month, outperforming the Computer and Technology sector's decline of 0.75% and the S&P 500's gain of 1.24% [1] Group 2 - The upcoming earnings report for AvidXchange is scheduled for February 26, 2025, with projected EPS of $0.06, indicating a 20% increase year-over-year [2] - Revenue is estimated to be $114.98 million, reflecting a 10.49% increase compared to the same quarter of the previous year [2] Group 3 - Recent modifications to analyst estimates for AvidXchange are crucial as they reflect short-term business trends, with positive revisions indicating optimism about the company's outlook [3] - The Zacks Rank system, which incorporates estimate changes, provides actionable ratings, with AvidXchange currently holding a Zacks Rank of 3 (Hold) [4][5] Group 4 - AvidXchange is currently traded at a Forward P/E ratio of 32.85, which is higher than the industry average Forward P/E of 30.73 [6] - The Internet - Software industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 47, placing it in the top 19% of over 250 industries [6]

Company Performance - AvidXchange Holdings, Inc. closed at $10.71, with a daily increase of +0.47%, underperforming the S&P 500's gain of 0.92% [1] - Over the past month, the company's shares have appreciated by 4.31%, outperforming the Computer and Technology sector's decline of 2.99% and the S&P 500's increase of 0.81% [1] Upcoming Earnings Report - The company is set to release its earnings report on February 26, 2025, with projected earnings per share (EPS) of $0.06, reflecting a 20% increase year-over-year [2] - Revenue is estimated to be $114.98 million, indicating a 10.49% increase compared to the same quarter last year [2] Analyst Estimates and Valuation - Recent changes to analyst estimates for AvidXchange Holdings, Inc. are being monitored, as positive revisions indicate optimism regarding the company's business and profitability [3] - The Zacks Rank system, which assesses estimate changes, currently ranks AvidXchange Holdings, Inc. at 3 (Hold) [5] - The company's Forward P/E ratio is 32.55, which is a premium compared to its industry's Forward P/E of 31.2 [6] Industry Context - The Internet - Software industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 44, placing it in the top 18% of over 250 industries [6] - The Zacks Industry Rank indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

Core Viewpoint - AvidXchange Holdings, Inc. will release its fourth quarter 2024 financial results on February 26, 2025, and will host a conference call to discuss these results [1]. Company Overview - AvidXchange is a leading provider of accounts payable (AP) automation software and payment solutions specifically designed for middle market businesses and their suppliers [3]. - The company's software-as-a-service platform automates AP workflows for over 8,000 businesses and has facilitated payments to more than 1,200,000 supplier customers in the past five years [3].

Group 1 - AvidXchange Holdings, Inc. (AVDX) closed at $10.25, reflecting a +0.84% change from the previous day, outperforming the S&P 500's loss of 0.21% [1] - The company's shares have decreased by 4.51% over the last month, underperforming compared to the Computer and Technology sector's loss of 2.15% and the S&P 500's loss of 1.56% [1] Group 2 - AvidXchange is expected to report an EPS of $0.06, representing a 20% increase year-over-year, with projected revenue of $114.98 million, a 10.49% rise from the same quarter last year [2] - Recent analyst estimate revisions indicate a positive outlook for AvidXchange's business operations and profit generation capabilities [3] Group 3 - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), shows AvidXchange currently holds a Zacks Rank of 3 (Hold) [5] - AvidXchange's Forward P/E ratio is 31.02, which is higher than the industry average Forward P/E of 28.24, indicating a premium valuation [6] Group 4 - The Internet - Software industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 33, placing it in the top 14% of over 250 industries [6][7]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________________ to ________________. Commission File Number: 001-40898 AvidXchange Holdings, Inc. (Exact name of registrant as specified in its charter) ...

For the quarter ended September 2024, AvidXchange Holdings, Inc. (AVDX) reported revenue of $112.77 million, up 14.3% over the same period last year. EPS came in at $0.07, compared to $0.03 in the year-ago quarter.The reported revenue represents a surprise of +1.70% over the Zacks Consensus Estimate of $110.89 million. With the consensus EPS estimate being $0.07, the company has not delivered EPS surprise.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall S ...

Twin beats, raised revenue guidance... what wasn't to love in the company's latest set of quarterly figures?AvidXchange Holdings (AVDX 13.88%) posted its latest set of quarterly results on Wednesday before market open, and investors greeted the news warmly. They traded the stock nearly 14% higher across that trading session, a level that trounced the S&P 500 index's 2.5% advance.Explosive bottom-line growthAvidXchange's third quarter saw the fintech boost its revenue by 14% year over year; it came in at nea ...

AvidXchange Holdings, Inc. (NASDAQ:AVDX) Q3 2024 Earnings Conference Call November 6, 2024 10:00 AM ET Company Participants Mike Praeger - Co-Founder & Chief Executive Officer Joel Wilhite - Chief Financial Officer Subhaash Kumar - Head, Investor Relations Conference Call Participants Dave Koning - Baird Will Nance - Goldman Sachs Ramsey El-Assal - Barclays Sanjay Sakhrani - KBW Andrew Bauch - Wells Fargo Bryan Keane - Deutsche Bank Craig Maurer - FT Partners Jamie Friedman - Susquehanna Darrin Peller - Wol ...