Avalara Inc Stock News

This SaaS stock could help you benefit from emerging tax-related needs and multiple long-term trends.

This SaaS stock could help you benefit from emerging tax-related needs and multiple long-term trends.

We believe the secular themes undergirding tech and growth stocks will continue to play out in Q2. We discuss the key themes that investors should focus on. Click here to read more.

Analysts have provided the following ratings for Avalara (NYSE:AVLR) within the last quarter: Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 4 2 0 0 0 Last 30D

Avalara: Worth Biting Into This Dip

Avalara (NYSE:AVLR) has observed the following analyst ratings within the last quarter: Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3 3 0 0 0 Last 30D 2 1 0

Futures Reverse Overnight Rout As Doubts Emerge About Aggressive Fed Hiking After initially sinking sharply, with S&P futures dropping as much as 1% overnight on concerns that aggressive rate hikes from the Fed aimed at curbing stubbornly high inflation could plunge the US into recession and crash risk assets, US equity futures have recovered most of their losses after an overnight article from Bloomberg reported that the " Fed Doesn’t Yet Favor a Half-Point Hike or an Emergency Move " easing investor nerves that a massive hike is imminent. Contracts on the Nasdaq were also flat after earlier retreating as much as 1.2% as growth stocks are especially sensitive to rising rates and bond yields. Still, absent a powerful bounce today, the S&P 500 is set to snap a two-week winning streak. The benchmark S&P 500 has struggled to gain for three weeks in a row since November as the Fed signaled it was prepared to tighten monetary policy to rein in red-hot inflation, but strategists say a broader selloff across stock markets is unlikely.

SVB Leerink cut Illumina, Inc. (NASDAQ: ILMN) price target from $430 to $400. Illumina shares fell 0.7% to $355.70 in pre-market trading. Canaccord Genuity lowered Aspen Group, Inc. (NASDAQ: ASPU)

Avalara (AVLR) delivered earnings and revenue surprises of 25% and 5.89%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Avalara, Inc. (AVLR) CEO Scott McFarlane on Q4 2021 Results - Earnings Call Transcript

Avalara press release (AVLR): Q4 Non-GAAP EPS of -$0.06 beats by $0.01.Revenue of $195.14M (+34.8% Y/Y) beats by $10.77M.Shares +2.5%.For the first quarter of 2022, the…

SEATTLE--(BUSINESS WIRE)--Avalara, Inc. (NYSE: AVLR), a leading provider of tax compliance automation for businesses of all sizes, today announced financial results for its fourth quarter and fiscal year ended December 31, 2021. “For the full year we accelerated our topline, achieving revenue growth of 40% year-over-year, and we delivered our third consecutive year of positive operating and free cash flow,” said Scott McFarlane, Avalara co-founder and chief executive officer. “As we enter fisca

Avalara (AVLR) delivered earnings and revenue surprises of 25% and 5.89%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?