AvidXchange (AVDX) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

For the quarter ended March 2025, AvidXchange Holdings, Inc. (AVDX) reported revenue of $107.94 million, up 2.2% over the same period last year. EPS came in at $0.05, compared to $0.06 in the year-ago quarter.The reported revenue represents a surprise of -1.64% over the Zacks Consensus Estimate of $109.74 million. With the consensus EPS estimate being $0.06, the EPS surprise was -16.67%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how AvidXchange performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Transaction Yield: $5.48 versus the four-analyst average estimate of $5.55. Transactions Processed: 19.7 million compared to the 19.73 million average estimate based on four analysts. Total Payment Volume: $20.60 billion compared to the $20.77 billion average estimate based on four analysts. View all Key Company Metrics for AvidXchange here>>>Shares of AvidXchange have returned +13.7% over the past month versus the Zacks S&P 500 composite's +10.6% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AvidXchange Holdings, Inc. (AVDX): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks