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VTEX (VTEX)
NYSE:VTEX
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Earnings Data
Report Date
Feb 26, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.04Last Year’s EPS
0.02Same Quarter Last Year
Moderate Buy
Based on 5 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 17, 2021
|% Change Since: -12.92%
|Next Earnings Date:Aug 17, 2021
Earnings Call Sentiment|Positive
The earnings call highlighted strong subscription revenue growth, improved gross margins, and successful customer acquisitions, indicating a positive outlook for VTEX. However, challenges in Argentina and a strategic reduction in services revenue were noted. Overall, the positive aspects significantly outweigh the lowlights, showcasing VTEX's resilience and strategic positioning in the market.Company Guidance
During the Q3 2024 earnings call for VTEX, the company provided a detailed guidance for future growth, highlighting various metrics. VTEX reported a gross profit growth of 28% in FX-neutral terms for the quarter, driven by strong subscription revenue, which increased by 22% in FX-neutral terms. The company achieved a Rule of 40 score of 32%, up from 28% in the same period last year, reflecting its progress towards profitable growth. For Q4 2024, VTEX is targeting FX-neutral revenue growth of 14% to 17%, translating to a revenue range of $64.8 million to $66.8 million. The full-year 2024 guidance projects an FX-neutral revenue growth of 18.5% to 19.5%, equating to $230 million to $232 million. The company also raised its non-GAAP operating income and free cash flow margin target to the low teens, indicating a positive outlook amidst macroeconomic uncertainties.Strong Subscription Revenue Growth
Subscription revenue reached $53.9 million, representing an increase of 13% in U.S. dollars and 22% in FX-neutral, driven by new contract signatures, solid performance from existing customers, and cross-selling of add-on services.
Record Gross Profit Growth
Gross profit grew by 28% in FX-neutral terms, with a significant improvement in gross margin to 75%, up from 71% in the same quarter last year.
Successful New Customer Acquisitions
VTEX expanded its customer base with new wins, including Fast Shop in Brazil, Beko in Austria, and U.S. Electrical Services in the U.S., among others.
Operational Efficiency and Profitability
Non-GAAP operating income margin reached 14%, marking a 10 percentage point improvement year-over-year, with a focus on maximizing revenue and long-term value.
Strategic Acquisition of Weni
VTEX acquired Weni to enhance its AI-powered customer service solutions, significantly boosting its ability to offer a comprehensive end-to-end customer experience platform.
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VTEX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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VTEX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 05, 2024 | $6.89 | $6.72 | -2.47% |
| Aug 06, 2024 | $6.02 | $6.85 | +13.79% |
| May 07, 2024 | $8.13 | $6.94 | -14.64% |
| Feb 27, 2024 | $7.73 | $8.41 | +8.80% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does VTEX (VTEX) report earnings?
VTEX (VTEX) is schdueled to report earning on Feb 26, 2025, TBA Not Confirmed.
What is VTEX (VTEX) earnings time?
VTEX (VTEX) earnings time is at Feb 26, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is VTEX EPS forecast?
VTEX EPS forecast for the fiscal quarter 2024 (Q4) is 0.04.
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