Vertex (VERX) Tops Q4 EPS by 1c

Vertex (NASDAQ: VERX) reported Q4 EPS of $0.08, $0.01 better than the analyst estimate of $0.07. Revenue for the quarter came in at $131.1 million versus the consensus estimate of $126.01 million.

GUIDANCE:

Vertex sees Q1 2023 revenue of $131-133 million, versus the consensus of $128 million.

• Adjusted EBITDA of $19 million to $21 million.

Vertex sees FY2023 revenue of $550-556 million, versus the consensus of $544 million.

• Cloud revenue growth of 27%; and
• Adjusted EBITDA of $92 million to $96 million.

For earnings history and earnings-related data on Vertex (VERX) click here.

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