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

Vertex

09/08/2022 15:22

* Vertex Inc  VERX.OQ  reported quarterly adjusted earnings
of 6
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 13.7% to $119.28 million from a year ago;
analysts
expected $116.78 million. 
    * Vertex Inc's reported EPS for the quarter was a loss of 8
cents​.
    * The mean earnings estimate of analysts was unchanged 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 risen by 11.9% this quarter and
lost 20.1%
so far this year.
    * The company reported a quarterly loss of $5.52 million.
    * Wall Street's median 12-month price target for Vertex Inc
is
$15.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 9
at 02:22 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.05           0.06           Beat
 Mar. 31 2022      0.06           0.08           Beat
 Dec. 31 2021      0.05           0.08           Beat
 Sep. 30 2021      0.05           0.08           Beat