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

Vertex

10/05/2022 14:31

* Vertex Inc  VERX.OQ  reported quarterly adjusted earnings
of 8
cents​​ per share for the quarter ended in March. The mean
expectation of eight analysts for the quarter was for earnings
of 6 cents per share.
    * Revenue rose 17% to $114.98 million from a year ago; 
analysts
expected $113.00 million. 
    * Vertex Inc's reported EPS for the quarter was breakeven
results​.
    * The mean earnings estimate of analysts had fallen by
about 3.7%
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 18.3% this quarter and
lost 21.0% so far this year.
    * The company reported quarterly net income of $334
thousand.
    * Wall Street's median 12-month price target for Vertex Inc
is
$18.50 
    * 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 May 10 at 01:31 p.m.  ​All
figures in US dollars unless otherwise stated