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Vertex: Q1 Earnings Snapshot

Vertex: Q1 Earnings Snapshot

By Ap News
Published - May 08, 2024, 07:27 AM ET
Last Updated - May 08, 2024, 07:27 AM EDT

KING OF PRUSSIA, Pa. (AP) — KING OF PRUSSIA, Pa. (AP) — Vertex, Inc. (VERX) on Wednesday reported first-quarter earnings of $2.7 million.

The King Of Prussia, Pennsylvania-based company said it had profit of 2 cents per share. Earnings, adjusted for one-time gains and costs, were 15 cents per share.

The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 13 cents per share.

The company posted revenue of $156.8 million in the period.

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