Welcome to our dedicated page for Avalara news (Ticker: AVLR), a resource for investors and traders seeking the latest updates and insights on Avalara stock.
This page contains historical news coverage for Avalara Inc (AVLR), which operated as a tax compliance software company before being acquired by Vista Equity Partners. The company specialized in cloud-based solutions for sales tax, VAT, and other transaction tax automation.
Avalara's news typically covered product launches and integrations with major business software platforms, as the company continuously expanded its ecosystem of certified connections with accounting systems, e-commerce platforms, and ERP solutions. Partnership announcements represented a key category of news, as each new integration extended Avalara's reach into different business workflows and industries.
Earnings reports and financial results provided insights into the company's subscription revenue growth and customer acquisition trends, reflecting the health of the tax technology SaaS market. The company also generated news around regulatory changes affecting transaction tax compliance, positioning itself as a resource for businesses navigating evolving nexus rules and cross-border tax obligations.
This archive documents the company's journey from a specialized tax software provider to its acquisition, including developments around shareholder proceedings and transaction approval processes. Browse historical news to understand Avalara's business evolution and the events surrounding its transition to private ownership.
Avalara, a leader in tax compliance automation, is hosting a Virtual Analyst Day on June 28, 2022. Presentations will start at 10:00 a.m. PT and end around 12:00 p.m. PT, featuring insights from the executive team. Interested parties can access the webcast at investor.avalara.com. For further inquiries, investors can reach out via email at investor@avalara.com.
Avalara, a leading tax compliance automation provider, has announced its participation in several upcoming investor conferences. CEO Scott McFarlane will present at the J.P. Morgan Global Technology, Media and Communications Conference on May 24, 2022, and at the BofA Securities Global Technology Conference on June 9, 2022. CFO Ross Tennenbaum will speak at the Needham Technology and Media Conference on May 16, 2022, and the William Blair Growth Stock Conference on June 7, 2022. Live webcasts will be available on Avalara's investor relations website.
Avalara, Inc. (NYSE: AVLR), a leader in tax compliance automation, will announce its financial results for Q1 2022 on
Avalara (NYSE: AVLR) has announced its sixth annual virtual tax and technology event, CRUSH, scheduled for May 17–18, 2022. This free conference aims to assist businesses in navigating the global tax landscape amidst the complexities of an omnichannel economy. Attendees can expect keynote sessions on managing growth and staying compliant with shifting regulations, as well as insights on embedding tax within finance. The event will also feature CRUSH City, offering tailored resources for different regions, including Brazil, Europe, India, and North America.
Marketplacer has partnered with Avalara (NYSE: AVLR) to enhance tax compliance for online marketplaces. Through this partnership, Marketplacer becomes part of Avalara's 'Certified for AvaTax' program, streamlining the tax calculation process for its users. The integration allows real-time sales and use tax calculations, easing the burden of digital marketplace facilitator laws. This collaboration aims to boost efficiency and customer confidence, making it easier for businesses using Marketplacer to grow without the constraints of capital inventory.
Avalara (NYSE: AVLR) has announced a new low-code studio for developers to streamline integrations with its tax compliance platform. This includes two new APIs for sales tax returns and e-invoicing, allowing seamless embedding of compliance functions into existing applications. The Integration Studio simplifies development workflows, while the APIs support e-invoicing workflows and tax return processes. Avalara aims to enhance collaboration with developers to improve its compliance offerings, responding to increasing global e-invoicing requirements.
Avalara (NYSE: AVLR) has announced the release of 20 newly certified integrations with various business software applications, enhancing its tax compliance automation solutions. These integrations, which ensure performance and reliability, allow customers to seamlessly embed Avalara’s automated tax management into their existing systems, enabling real-time tax calculations across multiple jurisdictions, including the U.S., Canada, and Europe. This initiative aligns with Avalara's focus on partnership and technological integration to support businesses effectively.
Avalara reported fourth quarter 2021 revenue of $195.1 million, marking a 35% year-over-year increase, while fiscal year revenue reached $699 million, up 40% from the previous year. Subscription revenue rose to $633.1 million, a 36% increase. Despite growth, Avalara reported a GAAP net loss of $35 million in Q4 and $125.2 million for the fiscal year. Cash and cash equivalents surged to $1.5 billion. For Q1 2022, the revenue outlook is between $197 million and $199 million with a projected non-GAAP operating loss of $9-$11 million.
Avalara, a leader in tax compliance automation, has announced upcoming investor presentations. CEO Scott McFarlane will present at the Morgan Stanley Technology, Media and Telecom Conference on March 9, 2022, at 3:00 p.m. PT. CFO Ross Tennenbaum will present at the JMP Securities Technology Conference on March 8, 2022, at 2:30 p.m. PT. Live webcasts will be available at investor.avalara.com. The company provides cloud-based solutions for various transaction taxes globally, headquartered in Seattle.
Avalara (NYSE: AVLR) announces its second annual virtual conference, Avalara NEXT, on March 30, 2022, aimed at developers enhancing global tax compliance.
The event will feature coding sessions, insights from technical leaders, and showcase partner success stories, aiding businesses in integrating tax compliance into their operations.
With a focus on evolving tax compliance technology, Avalara NEXT emphasizes seamless, accurate transactions for businesses navigating complex obligations.
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