Compared to Estimates, Vertex (VERX) Q1 Earnings: A Look at Key Metrics

Core Insights - Vertex reported revenue of $177.06 million for the quarter ended March 2025, reflecting a year-over-year increase of 12.9% [1] - The earnings per share (EPS) was $0.15, unchanged from the same quarter last year, with a surprise of +15.38% compared to the consensus estimate of $0.13 [1] - The revenue exceeded the Zacks Consensus Estimate of $176.57 million by +0.28% [1] Financial Metrics - Annual Recurring Revenue (ARR) reached $618.50 million, slightly above the average estimate of $617.91 million from two analysts [4] - Service revenues were reported at $26.30 million, surpassing the estimated $25.12 million by four analysts, marking a +5.4% increase year-over-year [4] - Software subscription revenues totaled $150.76 million, slightly below the estimated $151.50 million, but still showing a +14.4% increase compared to the previous year [4] Stock Performance - Vertex shares have returned +10.3% over the past month, compared to a +10.6% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]