Recap: Vtex Q1 Earnings

Vtex (NYSE:VTEX) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:01 PM. Here’s what investors…

Vtex (NYSE:VTEX) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:01 PM.

Here’s what investors need to know about the announcement.

Earnings

Vtex missed estimated earnings by 40.0%, reporting an EPS of $-0.042 versus an estimate of $-0.03.

Revenue was up $7.62 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 1.56% drop in the share price the next day.

Here’s a look at Vtex’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.010 -0.06 -0.06 -0.07
EPS Actual -0.002 -0.06 -0.11 -0.10
Revenue Estimate 46.18M 37.98M 38.24M 33.34M
Revenue Actual 45.48M 38.75M 38.71M 34.67M

To track all earnings releases for Vtex visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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