VTEX (VTEX) Posts Q1 Revenue of $34.7M

VTEX (NYSE: VTEX) reported Q1 revenue of $34.7 million versus the consensus estimate of $33.52 million.

Non-GAAP loss from operations was US$13.7 million during the first quarter of 2022, compared to Non-GAAP loss from operations of US$8.5 million in the first quarter of 2021, primarily due to incremental personnel-related investments in sales and marketing, and research and development, as we have been investing to capture market share and benefit from the further penetration of ecommerce.

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

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