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VERX — Vertex News Story

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Vertex Inc reports results for the quarter ended in June - Earnings Summary

* Vertex Inc  VERX.OQ  reported quarterly adjusted earnings of 8
cents​​ per share for the quarter ended in June. The mean
expectation of eight analysts for the quarter was for earnings
of 5 cents per share.
* Revenue rose 15% to $104.94 million from a year ago;  analysts
expected $99.60 million. 
* Vertex Inc's reported EPS for the quarter was 1 cents​.
* The mean earnings estimate of analysts had fallen by
about 3.4% in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Vertex Inc shares had fallen by 16.1% this quarter and
lost 47.2% so far this year.
* The company reported quarterly net income of $808 thousand.
* Wall Street's median 12-month price target for Vertex Inc is
$25.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell." 
This summary was machine generated August 11 at 12:28 p.m.  ​All
figures in US dollars unless otherwise stated

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