Vertex: Q1 Earnings Insights

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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.

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.

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Posted In: EarningsBZI-Recaps
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