AvidXchange (AVDX) Reports Q1 Earnings: What Key Metrics Have to Say

AvidXchange Holdings, Inc. (AVDX) reported $105.6 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 21.6$0.06 for the same period compares to -$0.02 a year ago.The reported revenue compares to the Zacks Consensus Estimate of$101.33 million, representing a surprise of +4.21%. The company delivered an EPS surprise of +100.00%, with the consensus EPS estimate being $0.03.While investors closely watch year-over-year changes in headline numbers -- revenue a ...