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AvidXchange Holdings Inc - AVDX STOCK NEWS

Welcome to our dedicated news page for AvidXchange Holdings (Ticker: AVDX), a resource for investors and traders seeking the latest updates and insights on AvidXchange Holdings.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect AvidXchange Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of AvidXchange Holdings's position in the market.

Rhea-AI Summary
AvidXchange CEO Michael Praeger discusses the importance of software-enabled payments for middle-market companies in an interview with Today's Marketplace. Praeger highlights how AvidXchange's AP automation solutions are revolutionizing the way businesses manage their expenses, reduce costs, and stay competitive in today's marketplace.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.41%
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none
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Rhea-AI Summary
AvidXchange Holdings, Inc. (AVDX) announces the release of its first quarter 2024 financial results on May 8, 2024, with a conference call to discuss the results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.06%
Tags
-
Rhea-AI Summary
AvidXchange Holdings, Inc. appoints two new Board members, Oni Chukwu and Arthur J. Rubado, with extensive experience in tech and payments industries. The appointments aim to scale the business towards a $1 billion milestone. Previous Board members, Matthew Harris and Wendy Murdock, transition out post-IPO.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.23%
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none
Rhea-AI Summary
AvidXchange Holdings, Inc. (AVDX) will participate in the Wolfe FinTech Forum 2024 in New York. The management team will present on March 13, 2024, at 8:45 AM ET. A live webcast and replay will be available on the investor relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.01%
Tags
conferences
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Rhea-AI Summary
AvidXchange Holdings, Inc. (AVDX) reports strong year-over-year revenue growth in Q4 2023 driven by transaction growth and yield expansion. The company achieved gross margin expansion and reduced losses from operations. The business outlook for 2024 indicates accelerating revenue growth and continued margin expansion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.53%
Tags
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Rhea-AI Summary
AvidXchange Holdings, a leading AP automation software provider for middle market businesses, will release its Q4 2023 financial results on February 28, 2024. The company will host a conference call to discuss the results, which will be broadcast live via webcast and available for replay on the AvidXchange Investor Relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.27%
Tags
Rhea-AI Summary
AvidXchange (AVDX) and M3 Accounting Solutions, Inc. have collaborated to provide hotels with a fully automated financial management solution by embedding AvidXchange’s payment automation technology into M3’s CoreSelect™ accounting offering. This integration aims to streamline hotel financial operations and reporting, resulting in significant time and cost savings for customers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.02%
Tags
partnership
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Rhea-AI Summary
AvidXchange - Report on 2024 Finance Trends: AI, Remote Work, Business Analytics, Fraud Concerns, and Real-Time Payments. Survey findings reveal top 5 initiatives for finance professionals planning for the year ahead, including AI adoption, hybrid work options, business analytics tools, fraud prevention, and real-time payments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.07%
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none
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Rhea-AI Summary
AvidXchange Holdings, Inc. (Nasdaq: AVDX) announces participation in investor conferences, including UBS Global Technology Conference and Wells Fargo 7th Annual TMT Summit. Live webcasts and replays will be available on the company's investor relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.21%
Tags
conferences
Rhea-AI Summary
AvidXchange (AVDX) partners with AppFolio to provide automated invoice processing, approvals, and payments for the real estate industry, marking AvidXchange as the first AP partner in the AppFolio Stack™ Marketplace. This partnership highlights AvidXchange's commitment to forging API partnerships and deep accounting integrations within new target verticals, with plans to go live in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
15.19%
Tags
partnership
AvidXchange Holdings Inc

Nasdaq:AVDX

AVDX Rankings

AVDX Stock Data

2.31B
186.49M
9.37%
77.98%
3.73%
Software Publishers
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US
Charlotte

About AVDX

welcome to the avidxchange community. this is the place for avidxchange employees, former employees, partners, and avidxchange users and administrators. avidxchange revolutionizes the way companies pay their bills by automating invoice and bill payment processing. we are automation experts and have been automating companies’ bill pay processes for more than 15 years to reduce costs, improve productivity and eliminate paper from their bill payment process. our team of automation experts can automate your bill pay process in 45 days—guaranteed! avidxchange provides accounts payable solutions that streamlines invoice capture, intelligently routes approvals and automates payments reducing costs, improving productivity and eliminating paper from the process. as the first saas technology vendor to automate invoice processing, avidxchange works with vendors to electronically send and receive invoices and has standard integration to more than 100 accounting systems. our specialized analytics,