Here's What Key Metrics Tell Us About Vertex (VERX) Q4 Earnings

Core Insights - Vertex reported revenue of $178.46 million for the quarter ended December 2024, reflecting a year-over-year increase of 15.2% [1] - The earnings per share (EPS) for the quarter was $0.15, up from $0.13 in the same quarter last year, with a surprise of +7.14% over the consensus estimate of $0.14 [1] - The reported revenue exceeded the Zacks Consensus Estimate of $176.63 million by +1.03% [1] Financial Performance Metrics - Annual Recurring Revenue (ARR) was reported at $603.10 million, slightly below the two-analyst average estimate of $604.93 million [4] - Revenue from services reached $25.86 million, surpassing the average estimate of $24.35 million, marking a year-over-year increase of +6.8% [4] - Software subscription revenues were $152.60 million, slightly above the estimated $152.36 million, representing a +16.8% change compared to the previous year [4] Stock Performance - Vertex shares have declined by -26.6% over the past month, contrasting with the Zacks S&P 500 composite's decline of -2.2% [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]