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

Vertex

09/08/2023 14:33

* Vertex Inc  VERX.OQ  reported quarterly adjusted earnings
of 8
cents​​ per share for the quarter ended in June. The mean
expectation of ten analysts for the quarter was for earnings of
8 cents per share.
    * Revenue rose 17.1% to $139.70 million from a year ago;
analysts
expected $136.08 million. 
    * Vertex Inc's reported EPS for the quarter was a loss of 5
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 fallen by 8.9% this quarter and
gained 22.5% so far this year.
    * The company reported a quarterly loss of $6.9 million.
    * Wall Street's median 12-month price target for Vertex Inc
is
$23.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 01:33 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.08           0.08           Met
 Mar. 31 2023      0.08           0.08           Met
 Dec. 31 2022      0.06           0.08           Beat
 Sep. 30 2022      0.06           0.08           Beat