Benzinga | May 6, 2021 05:06PM EDT

Avalara Q1 Adj. EPS $(0.08) Beats $(0.11) Estimate, Sales $153.60M Beat $143.11M Estimate

Avalara (NYSE:AVLR) reported quarterly losses of $(0.08) per share which beat the analyst consensus estimate of $(0.11) by 27.27 percent. This is a 60 percent increase over losses of $(0.20) per share from the same period last year. The company reported quarterly sales of $153.60 million which beat the analyst consensus estimate of $143.11 million by 7.33 percent. This is a 37.83 percent increase over sales of $111.44 million the same period last year.