CHARLOTTE, N.C., July 08, 2024 (GLOBE NEWSWIRE) -- 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 that its second quarter 2024 ended June 30, 2024, financial results will be released on Wednesday, July 31, 2024. AvidXchange will host a conference call at 10:00 AM ET on July 31, 2024, to discuss the company’s financial results. The call will be broadcast live via ...

CHARLOTTE, N.C., July 08, 2024 (GLOBE NEWSWIRE) -- 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 that its second quarter 2024 ended June 30, 2024, financial results will be released on Wednesday, July 31, 2024. AvidXchange will host a conference call at 10:00 AM ET on July 31, 2024, to discuss the company’s financial results. The call will be broadcast live via ...

AvidXchange Holdings, Inc. (AVDX) closed the latest trading day at $10.83, indicating a +0.09% change from the previous session's end. The stock outperformed the S&P 500, which registered a daily loss of 0.04%. Elsewhere, the Dow saw a downswing of 0.15%, while the tech-heavy Nasdaq appreciated by 0.12%.Heading into today, shares of the company had lost 4.08% over the past month, lagging the Computer and Technology sector's loss of 2.27% and the S&P 500's gain of 4.15% in that time.The investment community ...

CHARLOTTE, N.C., June 03, 2024 (GLOBE NEWSWIRE) -- 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 that members of the management team will participate in the following investor conferences: Baird 2024 Global Consumer, Technology & Services Conference on Thursday, June 6, 2024. The presentation is scheduled to begin at 12:15 PM ET.Morgan Stanley US Financials, Pa ...

CHARLOTTE, N.C., May 23, 2024 (GLOBE NEWSWIRE) -- AvidXchange (Nasdaq: AVDX), a leading provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, announced a strategic partnership with MIP Fund Accounting by Community Brands (“MIP”) in combination with a new invoice-to-pay application programming interface (API) integration. This partnership grants MIP – a leading cloud-based, SaaS fund accounting solution purpose-built for nonprofits and g ...

CHARLOTTE, N.C., May 23, 2024 (GLOBE NEWSWIRE) -- AvidXchange (NASDAQ:AVDX), a leading provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, announced a strategic partnership with MIP Fund Accounting by Community Brands ("MIP") in combination with a new invoice-to-pay application programming interface (API) integration. This partnership grants MIP – a leading cloud-based, SaaS fund accounting solution purpose-built for nonprofits and go ...

What an incredible breakout for the market in recent weeks. It seems like there is just no stopping us, despite the constant threat of global conflict, raging inflationary pressure, and increasingly hawkish central banks around the world. It may feel like no matter what stock you decide to invest in, it’s going to turn out alright.  A word of caution though. Eventually, earnings are going to matter, especially when the market reels in a bit.One way of finding stocks with the best earnings trends is by check ...

CHARLOTTE, N.C., May 13, 2024 (GLOBE NEWSWIRE) -- 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 that members of the management team will participate in the following investor conferences: Barclays 14th Annual Emerging Payments and FinTech Forum on Thursday, May 16, 2024. The presentation is scheduled to begin at 1:50 PM ET.J.P. Morgan 52nd Annual Global Technolo ...

财务数据和关键指标变化 - 总收入增长21.6%至1.056亿美元,其中三分之二来自支付和软件收益的扩张,剩余部分来自浮存金收入和政治媒体收入的增加 [54][55][56] - 软件收入增长10.1%至2970万美元,占总收入28.1% [55] - 支付收入增长27.1%至7520万美元,其中三分之二来自支付收益扩张和支付交易量增加 [56] - 非GAAP毛利率提升510个基点至72.4%,主要由于单位成本效率提升和收益扩张 [57] - 非GAAP调整后EBITDA增长至1770万美元,主要由于收入增长、毛利率提升和费用管控 [62] 各条业务线数据和关键指标变化 - 支付交易量增长8.1% [56] - 交易收益率增长14.9%至5.47美元,其中一半来自支付和软件收益扩张,另一半来自浮存金和政治媒体收入 [54][55][56] 各个市场数据和关键指标变化 - 房地产行业新增线索活动同比高增两位数,其他行业如教育和非营利则也有双位数增长 [18][19] - 部分新兴行业如HOA管理、建筑和金融服务的新增线索活动有所下滑,但在第二季度已经反弹 [20][21][25] 公司战略和发展方向及行业竞争 - 公司持续专注于中型企业市场,通过自动化应付账款和支付网络为客户带来快速、显著和可量化的收益 [9][10] - 公司正在推进支付加速器(Payment Accelerator)产品,为小型企业供应商提供无缝的现金流管理服务,预计将成为公司未来收入的第三大支柱 [26][27][28][29][30][31][32][33] - 公司与AppFolio和M3等行业领先的会计系统供应商建立了战略合作伙伴关系,有望进一步拓展中型企业应付账款自动化市场 [34][35][36][37][38][39][40] - 公司持续通过技术创新和自动化提升运营效率,如新的AI驱动的IVR支付自动化解决方案,有望进一步提升毛利率 [41][42][43][44][45] 管理层对经营环境和未来前景的评论 - 尽管宏观环境持续波动,但公司专注于可控的运营指标,如交易收益率、毛利率和调整后EBITDA,并保持良好的执行力 [8][47][48][49] - 公司对2025年实现80%以上毛利率的长期目标充满信心,并将继续投资创新以扩大客户价值主张和竞争优势 [41][42][43][44][45][46][47] - 公司认为新的会计系统合作伙伴关系以及创新产品将为2025年及以后的增长提供有力支撑 [40][46][49] 问答环节重要的提问和回答 问题1 **Dave Koning 提问** 询问支付收益率的未来走势 [69][70][71] **Michael Praeger 和 Joel Wilhite 回答** 公司将继续关注交易收益率这一关键指标,通过各种策略如支付加速器等持续推动收益率的扩张 [71][72] 问题2 **Darrin Peller 提问** 询问新客户线索活动的情况,以及供应商端新产品的进展 [74][75] **Michael Praeger 回答** 公司正在调整营销策略以提高线索活动效率,并正在稳步推进支付加速器产品的推广和用户体验优化 [75][76][77][78][79] 问题3 **Sanjay Sakhrani 提问** 询问浮存金收入和整体宏观环境的情况 [79][80] **Joel Wilhite 回答** 浮存金收入受客户余额时间性影响较大,公司对未来利率下降也有所预期。整体宏观环境仍然对客户交易量产生一定压制 [79][80]

Earnings Presentation First Quarter 2024 May 8, 2024 Forward-Looking Statements Non-GAAP Measures & Other Performance Metrics Thispresentationmaycontain“forward-lookingstatements”withinthemeaningoftheU.S.PrivateSecurities To supplement the financial measures presented in our presentation and related conference call in accordance LitigationReformActof1995.Inthiscontext,forward-lookingstatementsgenerallyrelatetofutureeventsor withgenerallyacceptedaccountingprinciplesintheUnitedStates(“GAAP”),wealsopresentthef ...