Get ready to discover the eagerly anticipated third quarter financial results of AvidXchange Holdings (NASDAQ: AVDX) on Wednesday 6th November 2024. This significant announcement is scheduled to take place before market open, giving investors and analysts a chance to gain valuable insights into the company's financial performance.
Financial analysts on Wall Street are predicting that the enterprise is about to reveal an estimated $0.07 profit per share for the quarter. Additionally, the company is projected to announce a total revenue of $110.83 million for this period.
The forecasts for the company's annual performance have been disclosed by Wall Street analysts, with an estimated total revenue of $437.22 million. In addition, they anticipate the company to report profit of $0.25 per share for the fiscal year.
Upon revisiting the corresponding quarter from the prior year, the company's earnings report demonstrated a per-share income of $0.03. This figure was attributed to the company's total revenue, which reached an impressive $98.68 million during that same period.
Additionally, The company will host a conference call with investors and analysts on 6th November 2024 at 10:00 AM eastern time to review the Q3 2024 financial results.
During Friday's trading, AvidXchange Holdings (AVDX) shares reached a low of $8.26 and a high of $8.48, along with a total volume of 1.74 million shares. The stock ended the regular trading session at $8.31, indicating an advance of 0.85 percent.
