EarningsAVDX missed 1Q25 estimates across the board, with core revenue growth of 5.7%, missing the BTIG/Street estimates of 8.2%/7.1% y/y growth.
Financial Performance1Q demonstrated slower-than-expected revenue growth, primarily driven by lower-than-expected transaction growth, implying slower sequential growth and transaction retention presumably remaining below 100%.
Macro ChallengesAVDX's recent miss in adjusted EBITDA estimates is attributed to macro-induced weakness across key verticals.