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Vertex's Q2 Non-GAAP Earnings, Revenue Rise; Provides Q3, 2024 Guidance
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Vertex's Q2 Non-GAAP Earnings, Revenue Rise; Provides Q3, 2024 Guidance
Aug 7, 2024 5:52 AM

08:23 AM EDT, 08/07/2024 (MT Newswires) -- Vertex (VERX) reported Q2 non-GAAP earnings Wednesday of $0.15 per diluted share, compared with $0.08 a year earlier.

Analysts surveyed by Capital IQ expected $0.13.

Revenue for the quarter ended June 30 was $161.1 million, compared with $139.7 million a year earlier. Analysts surveyed by Capital IQ expected $160.7 million.

The tax compliance software provider said it expects Q3 revenue of $164 million to $167 million, and full-year 2024 revenue of $654 million to $660 million.

Analysts surveyed by Capital IQ expect Q3 and full-year 2024 revenue of $165.1 million and $656.8 million, respectively.

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