Avalara: Q4 Earnings Insights

Avalara AVLR reported its Q4 earnings results on Thursday, February 10, 2022 at 04:10 PM.

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

Avalara beat estimated earnings by 25.0%, reporting an EPS of $-0.06 versus an estimate of $-0.08.

Revenue was up $50.38 million from the same period last year.

Last quarter the company beat on EPS by $0.04, which was followed by a 8.8% drop in the share price the next day.

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

Quarter	Q3 2021	Q2 2021	Q1 2021	Q4 2020
EPS Estimate	-0.07	-0.09	-0.11	-0.06
EPS Actual	-0.03	0.02	-0.08	0.09
Revenue Estimate	169.98M	153.10M	143.11M	133.39M
Revenue Actual	181.17M	169.07M	153.60M	144.76M

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