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Vertex reports Q1 EPS 17c, consensus 16c

Reports Q1 revenue $196.65M, consensus $194.82M. “We delivered a strong first quarter, with revenue and adjusted EBITDA above the higher end of our guidance as well as stability across customer demand and retention,” said Chris Young, President and Chief Executive Officer of Vertex (VERX). “As we exited the quarter, we were encouraged by consistent customer behavior and solid execution across the business, even within a mixed macro environment.”

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