AvidXchange Holdings, Inc. (AVDX) Surpasses Q2 Earnings Estimates

AvidXchange Holdings, Inc. (AVDX) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of$0.04 per share. This compares to break-even earnings per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 25%. A quarter ago, it was expected that this company would post earnings of $0.03 per share when it actually produced earnings of$0.06, delivering a surprise of 100%.Over the last four quarters, the ...