CHARLOTTE, N.C., April 09, 2024 (GLOBE NEWSWIRE) -- AvidXchange Holdings, Inc. (NASDAQ:AVDX), a leading provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced that its first quarter 2024 ended March 31, 2024, financial results will be released on Wednesday, May 8, 2024. AvidXchange will host a conference call at 10:00 AM ET on May 8, 2024, to discuss the company's financial results. The call will be broadcast live via web ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about AvidXchange Holdings, Inc. (AVDX) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.AvidXchange currently has an average brokerag ...

AvidXchange Holdings, Inc. (AVDX) closed the latest trading day at $12.91, indicating a +1.25% change from the previous session's end. The stock's change was more than the S&P 500's daily gain of 0.57%. Meanwhile, the Dow gained 0.83%, and the Nasdaq, a tech-heavy index, added 0.39%.Shares of the company have appreciated by 3.91% over the course of the past month, outperforming the Computer and Technology sector's gain of 3.42% and the S&P 500's gain of 2.97%.Analysts and investors alike will be keeping a c ...

The most recent trading session ended with AvidXchange Holdings, Inc. (AVDX) standing at $12.91, reflecting a -0.15% shift from the previouse trading day's closing. The stock's change was less than the S&P 500's daily gain of 1.12%. Meanwhile, the Dow gained 0.61%, and the Nasdaq, a tech-heavy index, added 1.54%.Prior to today's trading, shares of the company had gained 5.64% over the past month. This has outpaced the Computer and Technology sector's loss of 0.4% and the S&P 500's gain of 2.06% in that time ...

CHARLOTTE, N.C., March 07, 2024 (GLOBE NEWSWIRE) -- AvidXchange Holdings, Inc. (NASDAQ:AVDX), a leading provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced that members of the management team will participate in the Wolfe FinTech Forum 2024 in New York, NY on Wednesday, March 13, 2024 at 8:45 AM ET. A live webcast of the presentation will be available on the Events page of the AvidXchange investor relations website at ...

sanfel Elevator Pitch AvidXchange Holdings, Inc. (NASDAQ:AVDX) shares are still assigned a Buy investment rating. My prior November 10, 2023 article reviewed AvidXchange's results for the third quarter of last year. I touch on AVDX's Q4 2023 performance and FY 2024 outlook in this latest update. The company's latest quarterly EBITDA and forward-looking EBITDA guidance beat the analysts' expectations. The stock is undervalued relative to peers, and I view the expected achievement of the Rule of 40 target ...

van UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 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) Delaw ...

AvidXchange Holdings, Inc. (NASDAQ:AVDX) Q4 2023 Earnings Conference Call February 28, 2024 10:00 AM ET Company Participants Michael Praeger – Co-Founder and Chief Executive Officer Joel Wilhite – Chief Financial Officer Conference Call Participants Craig Maurer – FT Partners Dave Koning – Baird Andrew Bauch – Wells Fargo Darrin Peller – Wolfe Research Jamie Friedman – Susquehanna Bryan Keane – Deutsche Bank James Faucette – Morgan Stanley Tien-Tsin Huang – JPMorgan Alex Markgraff – KeyBanc Capital Markets ...

Earnings Presentation Fourth Quarter 2023 February 28, 2024 Forward-Looking Statements This presentation may contain "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements generally relate to future events or our future financial or operating performance and often contain words such as: "anticipate," "intend," "plan," "goal," "seek," "believe," "outlook," "project," "estimate," "expect," "future," "likely," "m ...

Exhibit 99.1 avidxchange" AvidXchange Announces Fourth Quarter 2023 Financial Results • Transaction growth and solid yield expansion drive year over year fourth quarter 2023 revenue growth • Yield expansion coupled with lower unit cost fuel year over year fourth quarter 2023 gross margin expansion • The aforementioned combination & opex discipline materially reduce year over year fourth quarter 2023 loss from operations • Exiting 2023 with a strong balance sheet and a net cash position • 2024 business outlo ...