Vertex (NASDAQ:VERX) reported its Q2 earnings results on Tuesday, August 9, 2022 at 07:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Vertex beat estimated earnings by 20.0%, reporting an EPS of $0.06 versus an estimate of $0.05.
Revenue was up $14.34 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02 which was followed by a 10.89% drop in the share price the next day.
Here’s a look at Vertex’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.06 | 0.05 | 0.05 | 0.05 |
| EPS Actual | 0.08 | 0.08 | 0.08 | 0.08 |
| Revenue Estimate | 113.00M | 109.20M | 105.10M | 99.63M |
| Revenue Actual | 114.98M | 111.66M | 110.72M | 104.94M |
To track all earnings releases for Vertex visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
