AvidXchange (AVDX) Reports Q3 Earnings: What Key Metrics Have to Say

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 ...