AvidXchange Announces Timing of Its First Quarter 2023 Financial Results Conference Call and Webcast
AvidXchange Holdings, Inc. (Nasdaq: AVDX), a provider of accounts payable automation software and payment solutions, will release its first quarter 2023 financial results on May 3, 2023.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
AvidXchange Holdings, Inc. (Nasdaq: AVDX), a provider of accounts payable automation software and payment solutions, will release its first quarter 2023 financial results on May 3, 2023. A conference call is scheduled for 10:00 AM ET on the same day to discuss these results. This call will be available for live viewing via webcast and will later be accessible as a recorded replay. AvidXchange’s software serves over 8,800 businesses and has facilitated payments to more than 965,000 suppliers in the past five years. This demonstrates the company's significant role in automating AP workflows for middle-market businesses.
Positive
- AvidXchange serves more than 8,800 businesses, showcasing substantial market penetration.
- Facilitated payments to over 965,000 suppliers in the last five years, indicating strong operational effectiveness.
Negative
- None.
Details
News Market Reaction – AVDX
The recorded move for AVDX in the trading session of this news was +3.22%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
CHARLOTTE, N.C., April 17, 2023 (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 2023 ended March 31, 2023, financial results will be released on Wednesday, May 3, 2023. AvidXchange will host a conference call at 10:00 AM ET on May 3, 2023, 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 8,800 businesses and it has made payments to more than 965,000 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 https://www.avidxchange.com/.
Contacts:
Investor Contact:
Subhaash Kumar
skumar1@avidxchange.com
813-760-2309
Media Contact:
Olivia Sorrells
osorrells@avidxchange.com
386-848-3656
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