AvidXchange HoldingsNASDAQ: AVDX

CHARLOTTE, N.C., Nov. 13, 2024 (GLOBE NEWSWIRE) -- AvidXchange Holdings, Inc. (Nasdaq: AVDX), a leading provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced that members of the management team will participate in the following investor conferences:

The headline numbers for AvidXchange (AVDX) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Twin beats, raised revenue guidance

AvidXchange Holdings, Inc. (NASDAQ:AVDX ) Q3 2024 Earnings Conference Call November 6, 2024 10:00 AM ET Company Participants Mike Praeger - Co-Founder & Chief Executive Officer Joel Wilhite - Chief Financial Officer Subhaash Kumar - Head, Investor Relations Conference Call Participants Dave Koning - Baird Will Nance - Goldman Sachs Ramsey El-Assal - Barclays Sanjay Sakhrani - KBW Andrew Bauch - Wells Fargo Bryan Keane - Deutsche Bank Craig Maurer - FT Partners Jamie Friedman - Susquehanna Darrin Peller - Wolfe Research Dominick Gabriele - Compass Point James Faucette - Morgan Stanley Tien-Tsin Huang - JPMorgan Rufus Hone - BMO Capital Markets Alex Markgraff - KeyBanc Capital Markets Timothy Chiodo - UBS Operator Good morning, everyone, and thank you for joining us for the AvidXchange Holdings, Inc. Third Quarter 2024 Earnings Call. Joining us on the call today is Mike Praeger, AvidXchange Co-Founder and Chief Executive Officer; Joel Wilhite, AvidXchange's Chief Financial Officer; and Subhaash Kumar, AvidXchange's Head of Investor Relations.

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.

Get a deeper insight into the potential performance of AvidXchange (AVDX) for the quarter ended September 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

AvidXchange Holdings, Inc. (AVDX) closed the most recent trading day at $8.38, moving -0.36% from the previous trading session.

In the closing of the recent trading day, AvidXchange Holdings, Inc. (AVDX) stood at $8.17, denoting a -1.09% change from the preceding trading day.

AvidXchange announces winners of the inaugural Change Maker Awards. The 2024 honorees feature six innovative accounts payable professionals driving change.