07:58 AM EDT, 08/06/2025 (MT Newswires) -- Vertex (VERX) reported Q2 adjusted earnings Wednesday of $0.15 per diluted share, unchanged from a year earlier.

Analysts surveyed by FactSet expected $0.14.

Revenue for the quarter ended June 30 was $184.6 million, up from $161.1 million a year earlier.

That result matched the average estimate of analysts polled by FactSet.

The company said it expects Q3 revenue to be between $190 million and $193 million. Analysts surveyed by FactSet expect 195.8 million.

Revenue for the current year is projected to be $750 million to $754 million, the company said. That compares with a range of $760 million to $768 million previously. Analysts polled by FactSet expect 763.4 million.

Shares of the company were down more than 2% in recent Wednesday premarket activity.