First quarter 2023 year-over-year financial results swing to adjusted EBITDA profit on higher revenue growth, payment monetization, operational efficiencies and expense leverage –Raising 2023 business outlook on first quarter 2023 financial outperformance –2023 Investor Day registration reminder: www.avidxchange.com CHARLOTTE, N.C., …
CHARLOTTE, N.C., June 01, 2023 — 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 Lien Waiver Management for TimberScan, a premium feature embedded in AvidXchange’s full purchase-to-pay solution with a seamless Sage
CHARLOTTE, N.C., March 07, 2023 — 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 its referral partnership with KeyStone by Corelation Inc. (“Corelation”), the latest core processor for today’s credit union. This
–Broad-based demand across verticals drives year over year Q4’22 revenue growth of 24.4%, 23.3% organically –Combination of strong revenue growth, gross profit expansion and expense control substantially narrow year over year Q4’22 operating and adjusted EBITDA losses –Projecting accelerated path to adjusted EBITDA profitability in 2023 versus a previous target
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
Updated as of May 15, 2023 In early April 2023, AvidXchange detected a cybersecurity incident as part of our routine security monitoring protocols. In response
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
AvidXchange HQ
1210 AvidXchange Lane
Charlotte, NC, 28206
800.560.9305
