Recap: Vertex Q2 Earnings

Vertex VERX reported its Q2 earnings results on Tuesday, August 9, 2022 at 07:00 AM.

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

Vertex beat estimated earnings by 20.0%, reporting an EPS of $0.06 versus an estimate of $0.05.

Revenue was up $14.34 million from the same period last year.

Last quarter the company beat on EPS by $0.02 which was followed by a 10.89% drop in the share price the next day.

Here's a look at Vertex's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.06	0.05	0.05	0.05
EPS Actual	0.08	0.08	0.08	0.08
Revenue Estimate	113.00M	109.20M	105.10M	99.63M
Revenue Actual	114.98M	111.66M	110.72M	104.94M

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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