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AvidXchange (AVDX) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
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For the quarter ended March 2025, AvidXchange Holdings, Inc. (AVDX - Free Report) reported revenue of $107.94 million, up 2.2% over the same period last year. EPS came in at $0.05, compared to $0.06 in the year-ago quarter.
The reported revenue represents a surprise of -1.64% over the Zacks Consensus Estimate of $109.74 million. With the consensus EPS estimate being $0.06, the EPS surprise was -16.67%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how AvidXchange performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Transaction Yield: $5.48 versus the four-analyst average estimate of $5.55.
Transactions Processed: 19.7 million compared to the 19.73 million average estimate based on four analysts.
Total Payment Volume: $20.60 billion compared to the $20.77 billion average estimate based on four analysts.
Shares of AvidXchange have returned +13.7% over the past month versus the Zacks S&P 500 composite's +10.6% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
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AvidXchange (AVDX) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
For the quarter ended March 2025, AvidXchange Holdings, Inc. (AVDX - Free Report) reported revenue of $107.94 million, up 2.2% over the same period last year. EPS came in at $0.05, compared to $0.06 in the year-ago quarter.
The reported revenue represents a surprise of -1.64% over the Zacks Consensus Estimate of $109.74 million. With the consensus EPS estimate being $0.06, the EPS surprise was -16.67%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how AvidXchange performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Transaction Yield: $5.48 versus the four-analyst average estimate of $5.55.
- Transactions Processed: 19.7 million compared to the 19.73 million average estimate based on four analysts.
- Total Payment Volume: $20.60 billion compared to the $20.77 billion average estimate based on four analysts.
View all Key Company Metrics for AvidXchange here>>>Shares of AvidXchange have returned +13.7% over the past month versus the Zacks S&P 500 composite's +10.6% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.