secwatch.observer — SEC 8-K summary
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Issuer:     Vertex, Inc. (VERX)
CIK:        0001806837
Form:       8-K
Filed at:   2021-11-10T23:59:59+00:00
Accession:  0001558370-21-015388
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vertex Q3 2021 revenue $110.7M (+17% YoY), cloud revenue up 45.6%, net loss narrows to $3.9M
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- Total revenues $110.7M (+17% YoY); subscription revenue $92.3M (+15.7%).
- Cloud revenue $33.3M (+45.6% YoY); ARR $352.9M (+15.1%).
- Net loss $(3.9)M vs $(21.0)M prior year; Non-GAAP net income $13.2M, diluted EPS $0.08.
- Adjusted EBITDA $21.4M (19.3% margin) vs $22.5M (23.8% margin) prior year.
- NRR 106%; AARPC $82,900; 4,258 customers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1806837/000155837021015388/0001558370-21-015388-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1806837/000155837021015388/verx-20211110x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-21-015388

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