07:05 AM EST, 02/26/2025 (MT Newswires) -- AvidXchange Holdings ( AVDX ) reported Q4 adjusted earnings Wednesday of $0.08 per diluted share, up from $0.05 a year earlier.

Analysts polled by FactSet expected $0.07.

Revenue for the quarter ended Dec. 31 was $115.4 million compared with $104.1 million a year earlier.

Analysts surveyed by FactSet expected $114.9 million.

The company said it expects 2025 adjusted EPS of $0.25 to $0.27 on revenue of $453 million to $460 million. Analysts surveyed by FactSet expect $0.34 and $483.1 million, respectively.

AvidXchange ( AVDX ) shares were down 15% in recent premarket activity.