Recap: Vtex Q1 Earnings

Vtex 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.

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.

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.