secwatch.observer — SEC 8-K summary
======================================

Issuer:     Vertex, Inc. (VERX)
CIK:        0001806837
Form:       8-K
Filed at:   2022-03-09T23:59:59+00:00
Accession:  0001558370-22-003103
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vertex Q4 revenue $111.7M (+12% YoY); ARR growth accelerates to 17%; net loss narrows
--------------------------------------------------------------------------------

- Q4 total revenue $111.7M (+12.2% YoY); cloud revenue $34.7M (+38.9% YoY).
- ARR $370.2M (+17% YoY); Net Revenue Retention rate improved to 108% from 106%.
- GAAP net loss $0.6M vs net income $0.2M prior year; Non-GAAP diluted EPS $0.08.
- Full-year revenue $425.5M (+13.6%); full-year net loss $1.5M vs $75.1M prior year.
- CFO refinanced credit facility post-quarter for operational flexibility.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1806837/000155837022003103/0001558370-22-003103-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1806837/000155837022003103/verx-20220309x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-003103

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