AvidXchange Holdings, Inc. (AVDX) Matches Q3 Earnings Estimates

AvidXchange Holdings, Inc. (AVDX) came out with quarterly earnings of $0.07 per share, in line with the Zacks Consensus Estimate. This compares to earnings of$0.03 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this company would post earnings of $0.04 per share when it actually produced earnings of$0.05, delivering a surprise of 25%.Over the last four quarters, the company has surpassed consensus EPS estimates three times.AvidXchange, which be ...