Avalara (NYSE:AVLR) reported its Q1 earnings results on Thursday, May 5, 2022 at 05:10 PM.
Here's what investors need to know about the announcement.
Earnings
Avalara beat estimated earnings by 166.67%, reporting an EPS of $0.08 versus an estimate of $-0.12.
Revenue was up $50.93 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02 which was followed by a 9.73% drop in the share price the next day.
Here's a look at Avalara's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.08 | -0.07 | -0.09 | -0.11 |
| EPS Actual | -0.06 | -0.03 | 0.02 | -0.08 |
| Revenue Estimate | 184.34M | 169.98M | 153.10M | 143.11M |
| Revenue Actual | 195.14M | 181.17M | 169.07M | 153.60M |
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.
