Vertex: EPS Better Than Expected, Cloud Offerings, And Cheap [Seeking Alpha]
Vertex, Inc. - Class A (VERX)
Company Research
Source: Seeking Alpha
The company operates in a large market with significant geographic diversification and a large market opportunity. Vertex's solid balance sheet, cloud offering, and integration with ERPs and CRMs position it for growth and scalability. Vertex, Inc. ( NASDAQ: VERX ) recently delivered EPS better than expected, and with investment banks upgrading their expectations, there seems to exist a lot of optimism in the market. In my view, new partnerships with existing vendors of ERPs and CRMs as well as professional services firms could be the fuel for net sales growth. However, with services offered in the cloud, VERX could experience net sales growth thanks to the cloud computing market growth. There are obvious risks from new alternative software vendors, changes in demand in the sector, or changes in the tax jurisdictions. However, VERX does not trade expensively. Vertex Operates In A Large Market Vertex offers enterprise tax technology solutions to companies that need to report a
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High impacting Vertex, Inc. - Class A news events
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VERX
News
- Vertex, Inc. Announces Closing of Upsized Offering of $345 Million Convertible Senior Notes [Yahoo! Finance]Yahoo! Finance
- Vertex, Inc. Announces Closing of Upsized Offering of $345 Million Convertible Senior NotesGlobeNewswire
- 15 Best Avalara Software Alternatives in 2024 [Yahoo! Finance]Yahoo! Finance
- Vertex Selected to Join Oracle ISV Accelerator for SaaS Initiative [Yahoo! Finance]Yahoo! Finance
- Vertex Selected to Join Oracle ISV Accelerator for SaaS InitiativeGlobeNewswire
VERX
Earnings
- 2/29/24 - Beat
VERX
Sec Filings
- 4/26/24 - Form 8-K
- 4/24/24 - Form 8-K
- 4/23/24 - Form 8-K
- VERX's page on the SEC website