AvidXchange (AVDX) Q2 Revenue Rises 5%

AvidXchange (NASDAQ:AVDX), a provider of automated accounts payable software and payment solutions to middle-market companies, reported its second quarter 2025 earnings on August 6, 2025. GAAP revenue for Q2 2025 was $110.6 million, just above the analyst estimate of $110.22 million (GAAP). Non-GAAP earnings per share landed at $0.05, while GAAP results swung to a loss of $9.5 million stemming from one-time merger expenses. Operational metrics like GAAP gross margin and transaction volume modestly improved, though overall customer and payment activity grew at a slow pace. With an impending acquisition by TPG and Corpay, AvidXchange management suspended financial guidance, leaving the outlook uncertain for the coming periods. Source: Analyst estimates for the quarter provided by FactSet. AvidXchange offers cloud-based software designed to automate invoice and payment processes for the middle market. Its main platform streamlines accounts payable workflows, enabling businesses to transition away from manual processes like paper checks. The software helps companies process bills, manage supplier networks, and make secure payments more efficiently.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool