MSCI Inc.'s (MSCI) fourth-quarter 2023 adjusted earnings of $3.68 per share beat the Zacks Consensus Estimate by 11.85% and jumped 29.6% year over year.Revenues increased 19.8% year over year to $690.1 million and beat the consensus mark by 5.04%. Organic revenues increased 14.7% year over year.Recurring subscriptions of $505.4 million increased 16.8% year over year and accounted for 73.2% of revenues.Asset-based fees of $145.1 million increased 15.9% year over year and contributed 21% of revenues.Non-recur ...

The latest trading session saw AvidXchange Holdings, Inc. (AVDX) ending at $11.09, denoting a +0.64% adjustment from its last day's close. The stock's change was more than the S&P 500's daily gain of 0.29%. Elsewhere, the Dow saw a downswing of 0.25%, while the tech-heavy Nasdaq appreciated by 0.43%.The the stock of company has fallen by 10.55% in the past month, lagging the Computer and Technology sector's gain of 3.67% and the S&P 500's gain of 2.08%.Analysts and investors alike will be keeping a close ey ...

CHARLOTTE, N.C., Jan. 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 fourth quarter 2023 ended December 31, 2023, financial results will be released on Wednesday, February 28, 2024. AvidXchange will host a conference call at 10:00 AM ET on February 28, 2024, to discuss the company's financial results. The call will be broadca ...

Avidxchange Holdings, Inc. (NASDAQ:AVDX) Q3 2023 Earnings Conference Call November 8, 2023 10:00 AM ET Company Participants Michael Praeger - Co-Founder, Chairman & CEO Joel Wilhite - SVP & CFO Conference Call Participants Dave Koning - Baird Ramsey El-Assal - Barclays Andrew Bauch - Wells Fargo Securities Bryan Keane - Deutsche Bank Brent Bracelin - Piper Sandler & Co. James Faucette - Morgan Stanley Operator Thank you for joining us for the AvidXchange Holdings, Inc. Third Quarter 2023 Earnings Call. Join ...

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, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------------------------------------------------------------------------------------------------------------- ...

Research and Development Research and development efforts focus on the development of new products and business intelligence tools or the enhancements of existing products and applications, as well as large scale infrastructure projects that improve the underlying architecture of our technology. The main contributors of research and development costs are (i) personnel related expenses, including fringe benefits, short- and long-term incentive plans and stock-based compensation expense, and (ii) fees for out ...

AvidXchange Holdings, Inc. (NASDAQ:AVDX) Q2 2023 Earnings Conference Call August 2, 2023 10:00 AM ET Company Participants Mike Praeger - Co-Founder & CEO Joel Wilhite - CFO Subhaash Kumar - Head, IR Conference Call Participants Jamie Friedman - Susquehanna Dave Koning - Baird Will Nance - Goldman Sachs Ramsey El-Assal - Barclays Craig Maurer - FT Partners James Fawcett - Morgan Stanley Tien-Tsin Huang - J.P. Morgan Darrin Peller - Wolfe Research Alex Markgraff - KeyBanc Capital Markets Brent Bracelin - Pipe ...

Road Show Presentation Disclaimer Thispresentationmaycontain“forward-lookingstatements”withinthemeaningoftheU.S.PrivateSecuritiesLitigationReformActof1995.Inthiscontext,forward-lookingstatementsgenerallyrelatetofutureeventsorourfuture financialoroperatingperformanceandoftencontainwordssuchas:“anticipate,”“intend,”“plan,”“goal,”“seek,”“believe,”“project,”“estimate,”“expect,”“future,”“likely,”“may,”“should,”“will”andsimilarwordsandphrases indicatingfutureresults.Theinformationpresentedinthispresentationrelate ...

EARNINGS PRESENTATION FIRST QUARTER 2023 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 relatetofutureeventsorourfuturefinancialoroperatingperformanceandoftencontainwordssuchas:“anticipate,”“intend,”“plan,”“goal,”“seek,”“believe,”“project,”“estimate,”“expect,”“future,” “likely,” “may,” “should,” “will” and similar words and phrases indi ...

AvidXchange Holdings, Inc. Notes to the Unaudited Consolidated Financial Statements (in thousands, except share and per share data) obligations are comprised of outstanding daily transaction liabilities per state regulatory average daily transaction liability report requirements and other unregulated settlements with payees, which do not constitute a regulatory liability event under reporting requirements. Compensation cost for stock-based awards issued to employees and outside directors, including stock op ...