Vertex Inc (VERX) Q3 2024 Earnings Call Highlights: Strong Revenue Growth and Strategic ... [Yahoo! Finance]
Vertex, Inc. - Class A (VERX)
Company Research
Source: Yahoo! Finance
Adjusted EBITDA: $38.6 million, representing a margin of 22.7%. Free Cash Flow: $18.4 million in the third quarter. GAAP Net Income: $7.2 million or $0.04 per diluted share. Net Revenue Retention (NRR): Gross Revenue Retention (GRR): Annual Recurring Revenue (ARR): $563 million, up 16.1% year over year. Average Revenue Per Customer: $131,400, up 16.6% from last year's third quarter. Gross Margin: 74% overall, with subscription software revenue margin at 80.5%. Operating Cash Flow: $41.4 million. Trailing 12-Month Free Cash Flow Margin: Unrestricted Cash and Cash Equivalents: Over $279 million. Warning! GuruFocus has detected 5 Warning Signs with VERX. Release Date: November 06, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Vertex Inc ( NASDAQ:VERX ) reported strong financial results with a revenue of $170.4 million, marking a 17.5% year-over-year growth. The company achieved a significant strateg
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VERX
News
- What Makes Vertex (VERX) a Prospective Investment? [Yahoo! Finance]Yahoo! Finance
- Vertex, Inc. (NASDAQ: VERX) had its price target raised by analysts at Stifel Nicolaus from $52.00 to $58.00. They now have a "buy" rating on the stock.MarketBeat
- Vertex, Inc. (NASDAQ: VERX) had its price target raised by analysts at Citigroup Inc. from $46.00 to $54.00. They now have a "neutral" rating on the stock.MarketBeat
- Vertex Named a Leader in the 2024 IDC MarketScape for Worldwide SaaS and Cloud-Enabled Tax Automation Software for Enterprise, SMB and VAT [Yahoo! Finance]Yahoo! Finance
- Vertex Named a Leader in the 2024 IDC MarketScape for Worldwide SaaS and Cloud-Enabled Tax Automation Software for Enterprise, SMB and VATGlobeNewswire
VERX
Earnings
- 11/6/24 - Beat
VERX
Sec Filings
- 12/18/24 - Form 4
- 12/17/24 - Form 144
- 12/16/24 - Form 4
- VERX's page on the SEC website