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Vertex Q3 Non-GAAP Earnings, Revenue Increase; 2024 Revenue Outlook Lifted
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Vertex Q3 Non-GAAP Earnings, Revenue Increase; 2024 Revenue Outlook Lifted
Nov 6, 2024 5:42 AM

08:12 AM EST, 11/06/2024 (MT Newswires) -- Vertex (VERX) reported Q3 non-GAAP earnings Wednesday of $0.16 per diluted share, up from $0.10 a year earlier.

Analysts polled by Capital IQ expected $0.14.

Revenue for the quarter ended Sept. 30 was $170.4 million, up from $145 million a year earlier.

Analysts surveyed by Capital IQ expected $165.7 million.

The company said it expects Q4 revenue of $175 million to $178 million. Analysts surveyed by Capital IQ expect $174.1 million.

And the company said it now expects full-year 2024 revenue of $663.3 million to $666.3 million, compared with the prior guidance of $654 million to $660 million. Analysts polled by Capital IQ expect $657.7 million.

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