Vertex (NASDAQ:VERX) reported its Q1 earnings results on Wednesday, May 10, 2023 at 07:05 AM.
Here’s what investors need to know about the announcement.
Earnings
Vertex reported in-line EPS of $0.08 versus an estimate of $0.08.
Revenue was up $17.77 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 2.85% drop in the share price the next day.
Here’s a look at Vertex’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.06 | 0.06 | 0.05 | 0.06 |
| EPS Actual | 0.08 | 0.08 | 0.06 | 0.08 |
| Revenue Estimate | 125.96M | 122.86M | 116.78M | 113.00M |
| Revenue Actual | 131.13M | 126.24M | 119.28M | 114.98M |
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.
