Vertex Q4 Adj. EPS $0.13 Beats $0.11 Estimate, Sales $154.91M Beat $146.45M Estimate
Portfolio Pulse from Benzinga Newsdesk
Vertex (NASDAQ:VERX) reported Q4 adjusted EPS of $0.13, surpassing the $0.11 estimate, and sales of $154.91M, exceeding the $146.45M estimate. This represents a 62.5% increase in EPS and an 18.14% increase in sales from the same period last year.
February 29, 2024 | 12:03 pm
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Vertex (NASDAQ:VERX) reported a strong Q4 with EPS and sales beating estimates, indicating robust growth.
Vertex's Q4 earnings and sales not only surpassed analyst expectations but also showed significant growth from the previous year. This positive performance, especially in terms of both top-line and bottom-line growth, is likely to instill investor confidence and could lead to a short-term uptick in VERX's stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100