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AvidXchange Holdings, Inc. (AVDX) Q3 2024 Earnings Name Transcript

by Index Investing News
November 6, 2024
in Stocks
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AvidXchange Holdings, Inc. (NASDAQ:AVDX) Q3 2024 Earnings Convention Name November 6, 2024 10:00 AM ET

Firm Members

Mike Praeger – Co-Founder & Chief Govt Officer
Joel Wilhite – Chief Monetary Officer
Subhaash Kumar – Head, Investor Relations

Convention Name Members

Dave Koning – Baird
Will Nance – Goldman Sachs
Ramsey El-Assal – Barclays
Sanjay Sakhrani – KBW
Andrew Bauch – Wells Fargo
Bryan Keane – Deutsche Financial institution
Craig Maurer – FT Companions
Jamie Friedman – Susquehanna
Darrin Peller – Wolfe Analysis
Dominick Gabriele – Compass Level
James Faucette – Morgan Stanley
Tien-Tsin Huang – JPMorgan
Rufus Hone – BMO Capital Markets
Alex Markgraff – KeyBanc Capital Markets
Timothy Chiodo – UBS

Operator

Good morning, everybody, and thanks for becoming a member of us for the AvidXchange Holdings, Inc. Third Quarter 2024 Earnings Name. Becoming a member of us on the decision at this time is Mike Praeger, AvidXchange Co-Founder and Chief Govt Officer; Joel Wilhite, AvidXchange’s Chief Monetary Officer; and Subhaash Kumar, AvidXchange’s Head of Investor Relations.

Earlier than we start at this time’s name, administration has requested me to relay the forward-looking statements disclaimer that’s included on the finish of at this time’s press launch. This disclaimer emphasizes the most important uncertainties and dangers inherent within the forward-looking statements that the corporate will make this afternoon. Please maintain these uncertainties and dangers in thoughts as the corporate talk about future strategic initiatives, potential market alternatives, operational outlook and monetary steering throughout at this time’s name.

Additionally, please observe that the corporate undertakes no responsibility to replace or revise forward-looking statements. Right this moment’s name may even embrace a dialogue of non-GAAP monetary measures as that time period is outlined in Regulation G, non-GAAP monetary measures shouldn’t be thought-about isolation from or as an alternative to monetary data introduced in compliance with GAAP.

Accordingly, on the finish of at this time’s press launch, the corporate has supplied a reconciliation of those



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