AvidXchange (AVDX) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - AvidXchange Holdings, Inc. reported revenue of $107.94 million for the quarter ended March 2025, reflecting a year-over-year increase of 2.2% but a revenue surprise of -1.64% compared to the Zacks Consensus Estimate of $109.74 million [1] - The company's EPS for the quarter was $0.05, down from $0.06 in the same quarter last year, resulting in an EPS surprise of -16.67% against the consensus estimate of $0.06 [1] Performance Metrics - AvidXchange processed 19.7 million transactions, slightly below the average estimate of 19.73 million from four analysts [4] - The total payment volume for the quarter was $20.60 billion, compared to the average estimate of $20.77 billion from four analysts [4] - The transaction yield was reported at $5.48, which is lower than the four-analyst average estimate of $5.55 [4] Stock Performance - Over the past month, AvidXchange shares have returned +13.7%, outperforming the Zacks S&P 500 composite's +10.6% change [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]