secwatch.observer — SEC 8-K summary
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Issuer:     Vertex, Inc. (VERX)
CIK:        0001806837
Form:       8-K
Filed at:   2021-08-11T23:59:59+00:00
Accession:  0001558370-21-011220
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vertex Q2 2021 revenue $104.9M (+15% YoY); cloud revenue jumps 59.5%
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- Revenue $104.9M (+15% YoY); software subscription revenue $89.6M (+15.9%).
- Cloud revenue $32.1M (+59.5% YoY); ARR $336.2M (+14.1% YoY).
- Net income $0.8M vs net loss $29.1M prior year; GAAP EPS $0.01.
- Non-GAAP operating income $16.3M; Adjusted EBITDA $19.2M (18.3% margin).
- NRR 106% (105% in Q1); over 4,175 customers at quarter end.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1806837/000155837021011220/0001558370-21-011220-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1806837/000155837021011220/verx-20210811x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-21-011220

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer