Recap: Avalara Q2 Earnings

Recap: Avalara Q2 Earnings

 

Avalara AVLR reported its Q2 earnings results on Monday, August 8, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

Avalara beat estimated earnings by 71.43%, reporting an EPS of $-0.02 versus an estimate of $-0.07.

Revenue was up $39.53 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.2 which was followed by a 12.06% increase in the share price the next day.

Here's a look at Avalara's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.12 -0.08 -0.07 -0.09
EPS Actual 0.08 -0.06 -0.03 0.02
Revenue Estimate 198.14M 184.34M 169.98M 153.10M
Revenue Actual 204.53M 195.14M 181.17M 169.07M

To track all earnings releases for Avalara visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarningsNews