Vertex (VERX) Tops Q4 EPS by 1c

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Go back to Vertex (VERX) Tops Q4 EPS by 1c

Vertex Announces Fourth Quarter and Full Year 2022 Financial Results

March 8, 2023 7:06 AM EST

KING OF PRUSSIA, Pa., March 08, 2023 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ: VERX) (Vertex or the Company), a leading global provider of indirect tax solutions, today announced financial results for its fourth quarter and full year ended December 31, 2022.

David DeStefano, Chief Executive Officer, stated The fourth quarter wrapped up a very strong year for Vertex. Revenue growth accelerated, profitability was strong, and we delivered positive free cash flow. Its clear the investments we are making in strategic acquisitions, new product development and expansion of our go-to-market and customer success organizations... More