AvidXchange Announces Timing of Its Third Quarter 2022 Financial Results Conference Call and Webcast
AvidXchange Holdings (Nasdaq: AVDX) will release its third quarter 2022 financial results on November 2, 2022.
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 (Nasdaq: AVDX) will release its third quarter 2022 financial results on November 2, 2022. The results will be discussed in a conference call at 10:00 AM ET, which will be accessible via webcast. AvidXchange offers accounts payable automation software and payment solutions for middle market businesses and their suppliers, having processed payments for over 825,000 suppliers through its platform. The company aims to transform the bill payment process for over 8,000 clients.
Positive
- Strong client base of over 8,000 businesses using AvidXchange's services.
- Payment processing for over 825,000 suppliers indicates robust market activity.
Negative
- None.
Details
News Market Reaction – AVDX
The recorded move for AVDX in the trading session of this news was -0.76%.
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CHARLOTTE, N.C., Oct. 14, 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 third quarter 2022 ended September 30, 2022 financial results will be released on Wednesday, November 2, 2022. AvidXchange will host a conference call at 10:00 AM ET on November 2, 2022, 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, and its publicly traded parent AvidXchange Holdings, Inc. (Nasdaq: AVDX), are 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
386-848-3656
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