AvidXchange Announces Third Quarter 2024 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/24/2026
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
- One killed, three injured when man attacks Swedish school with sword
AvidXChange Holdings (AVDX) PT Raised to $10 at JPMorgan
November 7, 2024 6:01 AM ESTJPMorgan analyst Tien-tsin Huang raised the price target on AvidXChange Holdings (NASDAQ: AVDX) to $10.00 (from $9.00) while maintaining a Neutral rating.
The analyst comments "AVDX stock rallied (+14% vs. SPX +2%) on 3Q results that provided some real reasons for optimism, after adverse impacts from macro cyclicality drove a miss/neg. revision last quarter. Though were not ready to call one quarter a trend, mgmt. noted an... More
AvidXchange Holdings (AVDX) Tops Q3 EPS by 1c, Beats on Revenue; Offers FY24 Revenue Guidance
November 6, 2024 7:04 AM ESTAvidXchange Holdings (NASDAQ: AVDX) reported Q3 EPS of $0.08, $0.01 better than the analyst estimate of $0.07. Revenue for the quarter came in at $112.8 million versus the consensus estimate of $110.85 million.
GUIDANCE:
AvidXchange Holdings sees FY2024 revenue of $437-439 million, versus the consensus of... More
