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AvidXchange reports Q2 EPS (5c), consensus 6c

Reports Q2 revenue $110.6M, consensus $110.6M. As disclosed previously, due to its pending acquisition by TPG in partnership with Corpay, AvidXchange (AVDX) has suspended its previously issued financial outlook for fiscal 2025 and will not hold a teleconference to discuss its second quarter 2025 financial results.

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