Vertex (VERX) reported Q4 EPS of $0.08, $0.01 better than the analyst estimate of $0.07. Revenue for the quarter came in at $131.1 million versus the consensus estimate of $126.01 million.
GUIDANCE:
Vertex sees Q1 2023 revenue of $131-133 million, versus the consensus of $128 million.
- Adjusted EBITDA of $19 million to $21 million.
Vertex sees FY2023 revenue of $550-556 million, versus the consensus of $544 million.
- Cloud revenue growth of 27%; and
- Adjusted EBITDA of $92 million to $96 million.