Vertex, Inc. (VERX) Q1 2025 Earnings Call Transcript

May 07, 2025 11:41 PM ETVertex, Inc. (VERX) StockVERX
SA Transcripts
153.46K Followers

Q1: 2025-05-07 Earnings Summary

Insights
EPS of $0.15 beats by $0.02
 | Revenue of $177.06M (12.94% Y/Y) beats by $72.64K

Vertex, Inc. (NASDAQ:VERX) Q1 2025 Earnings Conference Call May 7, 2025 8:30 AM ET

Company Participants

Joe Crivelli - Vice President of Investor Relations
David DeStefano - President and Chief Executive Officer
John Schwab - Chief Financial Officer

Conference Call Participants

Joshua Reilly - Needham & Company, LLC
Christopher Quintero - Morgan Stanley
Adam Hotchkiss - Goldman Sachs
George Cruz - Citigroup Inc.
Jake Roberge - William Blair & Company
Kyle Aberasturi - BMO Capital Markets
Alexander Sklar - Raymond James Financial, Inc.
William Jellison - D.A. Davidson & Co.
Rob Oliver - Robert W. Baird & Co.
Andrew DeGasperi - BNP Paribas
Patrick Walravens - Citizens JMP Securities, LLC

Operator

Good day, and welcome to the Vertex, Inc. First Quarter 2025 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today’s presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note, this event is being recorded.

I would now like to turn the conference over to Mr. Joe Crivelli, Investor Relations from Vertex. Please go ahead.

Joe Crivelli

Hello, and thanks for joining us to discuss Vertex’s first quarter financial results. David DeStefano, our President and CEO; and John Schwab, our CFO, are also with us today.

During this call, we may make forward-looking statements about expected future results. Actual results may differ due to risks and uncertainties. These risks and uncertainties are described in our filings with the Securities and Exchange Commission.

Our remarks today will also include references to non-GAAP financial measures. A reconciliation of these non-GAAP metrics to GAAP is also provided in today’s press release. This call is being recorded and will be available for replay on our Investor Relations website.

I’ll now turn the call over to David.

David DeStefano

Welcome, everyone, and thank you for joining us. Vertex executed

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