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AvidXchange Announces Timing of Its First Quarter 2022 Financial Results Conference Call and Webcast

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Rhea-AI Summary

AvidXchange Holdings, Inc. (Nasdaq: AVDX) is set to release its first quarter 2022 financial results on May 5, 2022, after market close. The company will hold a conference call at 6:00 PM ET to discuss these results, which can be streamed live via their investor relations website. AvidXchange specializes in accounts payable automation software and payment solutions for middle market businesses, serving over 8,000 clients and completing payments to more than 825,000 suppliers in the past five years.

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Positive

  • Expected financial results release could provide insights into performance.
  • Wide client base of over 8,000 businesses indicates strong market demand.

Negative

  • None.

News Market Reaction – AVDX

+2.66%
+2.66% Session move

In the trading session that priced this news, AVDX gained 2.66%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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CHARLOTTE, N.C., April 18, 2022 (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 first quarter 2022 ended March 31, 2022 financial results will be released on Thursday, May 5, 2022, after market close. AvidXchange will host a conference call at 6:00 PM ET to discuss the company’s financial results.

The call will be broadcast live via webcast at https://ir.avidxchange.com/. Following the completion of the call, a recorded replay of the call will be available on the AvidXchange Investor Relations website.

About AvidXchange

AvidXchange is a leading provider of accounts payable (“AP”) automation software and payment solutions for middle market businesses and their suppliers. AvidXchange’s software-as-a-service-based, end-to-end software and payment platform digitizes and automates the AP workflows for more than 8,000 businesses and it has made payments to more than 825,000 supplier customers of its buyers over the past five years. To learn more about how AvidXchange is transforming the way companies pay their bills, visit www.AvidXchange.com.

Contacts:

Investor Contact:
Subhaash Kumar
skumar1@avidxchange.com 
813-760-2309

Media Contact:
Olivia Sorrells
osorrells@avidxchange.com 
980-643-7889


FAQ

When will AvidXchange release its first quarter 2022 financial results?

AvidXchange will release its first quarter 2022 financial results on May 5, 2022, after market close.

What time is the AvidXchange conference call following the financial results release?

The conference call will take place at 6:00 PM ET on May 5, 2022.

How can I listen to the AvidXchange conference call?

The conference call will be available via live webcast on AvidXchange's investor relations website.

What services does AvidXchange provide?

AvidXchange provides accounts payable automation software and payment solutions for middle market businesses.