2023-03-08 07:19:35 ET
- Vertex press release ( NASDAQ: VERX ): Q4 Non-GAAP EPS of $0.08 beats by $0.02 .
- Revenue of $131.1M (+17.4% Y/Y) beats by $5.12M .
- Adjusted EBITDA of $21.0M, compared to $19.3M for the same period prior year.
- Adjusted EBITDA margin of 16.0%, compared to 17.2% for the same period prior year.]
- For the first quarter of 2023, the Company currently expects: Revenues of $131 million to $133 million vs $128.36M consensus; and Adjusted EBITDA of $19 million to $21 million.
- For the full-year 2023, the Company currently expects: Revenues of $550 million to $556 million vs $543.93M consensus; Cloud revenue growth of 27%; and Adjusted EBITDA of $92 million to $96 million.
For further details see:
Vertex beats Q4 top and bottom line estimates; initiates Q1 and FY23 outlook