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Stock impact report

AvidXchange Holdings, Inc. (AVDX) Stock Sinks As Market Gains: Here's Why [Yahoo! Finance]

AvidXchange Holdings, Inc. (AVDX) 
NASDAQ:AMEX Investor Relations: ir.avantdiagnostics.com
Company Research Source: Yahoo! Finance
The stock's performance was behind the S&P 500's daily gain of 0.22%. On the other hand, the Dow registered a loss of 0.33%, and the technology-centric Nasdaq increased by 0.76%. The company's stock has climbed by 2.1% in the past month, falling short of the Computer and Technology sector's gain of 2.29% and outpacing the S&P 500's gain of 1.47%. Investors will be eagerly watching for the performance of AvidXchange Holdings, Inc. in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on November 6, 2024. The company is predicted to post an EPS of $0.07, indicating a 133.33% growth compared to the equivalent quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $110.89 million, reflecting a 12.37% rise from the equivalent quarter last year. For the full year, the Zacks Consensus Estimates are projecting earnings of $0.24 per share and revenue of $438.08 million, which would represent changes of +242.86 Show less Read more
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