Vertex: Q1 Earnings Insights

Vertex 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.

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.

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.

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