Vertex Announces Third Quarter 2024 Financial Results
Vertex, Inc. - Class A (VERX)
Company Research
Source: GlobeNewswire
KING OF PRUSSIA, Pa., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ: VERX) (“Vertex” or the “Company”), a leading global provider of indirect tax solutions, today announced financial results for its third quarter ended September 30, 2024. “The third quarter of 2024 was another great quarter for Vertex”, stated David DeStefano, Vertex’s President, Chief Executive Officer and Chairperson of the Board. “Revenue was above the high end of our quarterly guidance, with mid-teens organic revenue growth. We were once again GAAP earnings positive with strong Adjusted EBITDA. And we delivered significant cash flow from operating activities as well as free cash flow, demonstrating our high-quality earnings.” DeStefano continued, “In the third quarter we completed our acquisition of Austrian e-invoicing and EDI company, ecosio. We are seeing a great deal of excitement from customers about our new comprehensive global cloud platform, which provides end-to-end workflow for d
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News
- Why Vertex (VERX) Might be Well Poised for a Surge [Yahoo! Finance]Yahoo! Finance
- Vertex, Inc. (NASDAQ: VERX) had its price target raised by analysts at Morgan Stanley from $50.00 to $62.00. They now have an "overweight" rating on the stock.MarketBeat
- Vertex Global Survey Finds Half of Organizations Lagging in Tax and Finance AutomationGlobeNewswire
- Vertex, Inc. (NASDAQ: VERX) had its price target raised by analysts at Stifel Nicolaus from $41.00 to $52.00. They now have a "buy" rating on the stock.MarketBeat
- Vertex, Inc. (NASDAQ: VERX) had its price target raised by analysts at Robert W. Baird from $43.00 to $57.00. They now have an "outperform" rating on the stock.MarketBeat
VERX
Earnings
- 11/6/24 - Beat
VERX
Sec Filings
- 11/20/24 - Form 144
- 11/18/24 - Form 4
- 11/18/24 - Form 144
- VERX's page on the SEC website