Welcome to our dedicated page for Avidxchange Holdings news (Ticker: AVDX), a resource for investors and traders seeking the latest updates and insights on Avidxchange Holdings stock.
AvidXchange Holdings, Inc. (formerly Nasdaq: AVDX) generates frequent news as a provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers. This news page aggregates coverage of the company’s product announcements, partnerships, survey findings, and financial disclosures so readers can follow how AvidXchange’s AP and payments platform evolves over time.
Company news often highlights developments in its AP automation and payments offerings, including the launch of Accounts Payable as a Service, which lets ERP providers embed AP and payment workflows directly into their platforms using AI‑enhanced automation, APIs, and prebuilt modules. Updates may also feature new embedded ERP relationships and integrations that extend AvidXchange’s reach across industry verticals.
Another recurring theme in AvidXchange news is its research on finance and AP trends. The company releases surveys and reports on topics such as economic sentiment among finance professionals, adoption of AI and automation, workforce concerns among AP teams, and payment security trends. These stories provide context on how finance departments are responding to economic pressures and technology change.
Historical news items include quarterly financial results from AvidXchange’s time as a public company, detailing revenue trends, transaction volumes, and payment volumes, as well as information about its acquisition by TPG in partnership with Corpay and the transition to private ownership. Together, these articles offer a record of AvidXchange’s business performance, strategic direction, and role in the AP automation market.
Investors, customers, and finance professionals can use this news feed to monitor AvidXchange’s product evolution, partnerships, research releases, and significant corporate events related to AP automation and B2B payments.
AvidXchange (NASDAQ: AVDX) reported its Q1 2025 financial results, showing modest growth amid challenging macro conditions. Total revenue increased 2.2% year-over-year to $107.9 million, while total transactions grew 1.9% to 19.7 million. The company reported a GAAP net loss of $(7.3) million, compared to $(1.0) million in Q1 2024.
Key metrics include non-GAAP net income of $10.4 million, total payment volume growth of 3.7% to $20.6 billion, and improved GAAP gross margins at 65.8%. The company maintained a strong balance sheet with $389.3 million in cash and marketable securities. Notably, AvidXchange has suspended its 2025 financial outlook due to its pending acquisition by TPG in partnership with Corpay.
AvidXchange Holdings (Nasdaq: AVDX), a provider of accounts payable automation software and payment solutions for middle market businesses, has scheduled its first quarter 2025 financial results announcement for Wednesday, May 7, 2025. The company will host a conference call and webcast at 10:00 AM ET on the same day to discuss the financial results for the quarter ended March 31, 2025. Investors can access the live webcast through the company's investor relations website, where a recorded replay will also be available after the call.
AvidXchange (AVDX) has unveiled new AI-powered features for its invoice automation solution, introducing three key enhancements: AI Approval Agent, AI PO Matching Agent, and improved Invoice Capture capabilities.
The AI Approval Agent analyzes historical patterns to assess invoice approval likelihood, while the PO Matching Agent automates line-item matching between purchase orders and invoices. Enhanced Invoice Capture features continuously learn from data patterns to deliver approval-ready invoices with reduced manual intervention.
According to AvidXchange's 2025 trends report surveying 500 mid-market finance leaders, 76% acknowledge AI's value in improving finance department efficiency. FirstService Residential, a customer, reported a 20% reduction in invoice discrepancy queue and increased accuracy in AP operations after implementing these features.
AvidXchange Holdings (Nasdaq: AVDX), a leading provider of accounts payable automation software and payment solutions for middle market businesses, has announced its participation in the upcoming Wolfe FinTech Forum 2025.
The company's management team will present at the forum on Wednesday, March 12, 2025, at 8:10 AM ET in New York, NY. Investors and interested parties can access a live webcast of the presentation through the Events page on AvidXchange's investor relations website. A replay will be available for a time following the presentation.
AvidXchange (AVDX) reported strong Q4 and full-year 2024 financial results, marking significant improvements in profitability and operational efficiency. The company achieved Q4 revenue of $115.4 million, up 10.9% year-over-year, with GAAP net income of $4.7 million compared to a loss in Q4 2023.
Key highlights include non-GAAP gross margin expansion to 73.6% from 69.4% in 2023, and adjusted EBITDA margins growth to 19.3% from 8.0%. The company processed 19.9 million transactions in Q4 2024, handling a total payment volume of $21.9 billion. Transaction yield increased 6.4% to $5.80.
AvidXchange maintained a strong balance sheet with $389.3 million in cash and marketable securities and only $9.1 million in long-term debt. The company completed a strategic $50 million share repurchase program and paid down high-interest bank debt, demonstrating disciplined capital allocation.
AvidXchange Holdings (Nasdaq: AVDX), a provider of accounts payable automation software and payment solutions for middle market businesses, has scheduled its fourth quarter 2024 financial results announcement for Wednesday, February 26, 2025. The company will host a conference call and webcast at 10:00 AM ET on the same day to discuss the results. Investors can access the live webcast through the company's investor relations website, where a recorded replay will also be available after the call.
AvidXchange Holdings (Nasdaq: AVDX), a leading provider of accounts payable automation software and payment solutions for middle market businesses, has announced its participation in four upcoming investor conferences. The schedule includes:
- KBW Fintech Conference in New York on November 14, 2024 (8:00 AM ET)
- FT Partners Fintech Conference in New York on November 20, 2024 (10:40 AM ET)
- UBS Global Technology and AI Conference in Scottsdale on December 3, 2024 (4:55 PM ET)
- Wells Fargo TMT Summit in Rancho Palos Verdes on December 4, 2024 (1:15 PM ET)
Live webcasts of select presentations will be available on the company's investor relations website with replays available for a time.
AvidXchange (AVDX) reported strong Q3 2024 financial results with total revenue reaching $112.8 million, up 14.3% year-over-year. The company achieved GAAP net income of $4.0 million, compared to a net loss of $(8.1) million in Q3 2023. Notable metrics include non-GAAP gross margin of 74.5% and adjusted EBITDA margin of 20.7%. The company processed 20.2 million transactions and handled $21.5 billion in payment volume. Based on strong performance, AvidXchange raised its 2024 outlook, projecting revenue of $437.0-$439.0 million and adjusted EBITDA of $78.0-$79.0 million.