AvidXchange Holdings, Inc. (AVDX)
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- Zacks
AvidXchange (AVDX) Reports Q1 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for AvidXchange (AVDX) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- GuruFocus.com
AvidXchange Holdings Inc (AVDX) Surpasses Q1 Revenue Estimates with Strong Financial Performance
First Quarter 2024 Financial Results Show Significant Improvement in Revenue and Adjusted EBITDA
- GlobeNewswire
AvidXchange Announces First Quarter 2024 Financial Results
Strong across-the-board year-over-year Q1’24 financial performance driven by yield expansion, transaction growth, unit cost reduction and operating expense disciplineQ1’24 operating income loss of $(4.1) million more than halved versus a loss of $(17.1) million in the comparable year-ago periodQ1’24 adjusted EBITDA up sharply to $17.7 million vs. $0.4 million in the comparable year-ago periodSustaining a strong balance sheet with cash and marketable securities of $443.6 million to re-invest in t
