Vertex Provides Preliminary Financial Results for First Quarter 2024 and Announces First Quarter Earnings Call Date [Yahoo! Finance]
Vertex, Inc. - Class A (VERX)
Company Research
Source: Yahoo! Finance
announced preliminary financial results for the period ended March 31, 2024. “Vertex's first quarter financial results were strong across our business,” noted David DeStefano, President, Chief Executive Officer, and Chairperson of the Board. “We look forward to providing investors with full details when we announce our full first quarter financial results in early May.” Revenues for the three months ended March 31, 2024 are expected to be between $155.5 million and $157.5 million, compared to $132.8 million for the three months ended March 31, 2023, representing an increase of approximately 17% to 19%. Annual Recurring Revenue at March 31, 2024 is expected to be between $523.5 million to $525.5 million, compared to $446.5 million for the three months ended March 31, 2023, representing an increase of approximately 17% to 18%. Net revenue retention at March 31, 2024 is expected to be between 111% and 113%, as compared to 110% at March 31, 2023. Gross Revenue Retention at March
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News
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VERX
Earnings
- 2/29/24 - Beat
VERX
Sec Filings
- 5/3/24 - Form DEFR14A
- 5/2/24 - Form 4
- 4/29/24 - Form ARS
- VERX's page on the SEC website