Avalara posts $91M in revenue, up 43%, as sales tax automation company hits 10,000 customers

geekwire.com - 08-07


Shares in Avalara are on the rise as the sales tax automation company posted rapid revenue growth and narrowing losses, beating Wall Street expectations. Revenue: Avalara brought in $91.3 million in revenue in the second quarter, a spike of 43 percent over the prior year and well ahead of analyst expectations of $84.1 million.