Vertex Raised FY23 Revenues $556M to $562M From $550M-$556M Vs. $554M Est., Adj. EBITDA $93M to $97M From $92M-$96M
Portfolio Pulse from Benzinga Newsdesk
Vertex Inc. has increased its FY23 revenue forecast to $556M-$562M, up from the previous estimate of $550M-$556M. The adjusted EBITDA is also raised to $93M-$97M from $92M-$96M. The new revenue forecast is slightly above the estimated $554M.
August 09, 2023 | 11:17 am
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Vertex Inc. has raised its FY23 revenue and adjusted EBITDA forecasts. The new revenue forecast is slightly above the estimated $554M.
Vertex Inc. has raised its FY23 revenue and adjusted EBITDA forecasts, which is a positive signal for investors. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100