Vertex Q1 revenue $132.8M (+15.5% YoY), GAAP loss $(18.1)M; non-GAAP EPS $0.08

● Total revenues of $132.8 million, up 15.5% year-over-year. ● Software subscription revenues of $111.0 million, up 14.3% year-over-year. ● Cloud revenues of $48.2 million, up 25.9% year-over-year. ● Annual Recurring Revenue (“ARR”) was $446.5 million, up 17.3% year-over-year. ● Average Annual Revenue per direct customer (“AARPC”) was $104,370 at March 31, 2023, compared to $89,700 at March 31, 2022 and $100,500 at December 31, 2022. ● Net Revenue Retention (“NRR”) was 110%, consistent with March 31, 2022, and the fourth quarter of 2022. ● Gross Revenue Retention (“GRR”) was 96%, consistent with March 31, 2022, and the fourth quarter of 2022. ● Loss from operations of $(8.9) million, compared to income from operations of $0.5 million for the same period prior year. Non-GAAP operating income of $16.5 million, compared to $16.2 million for the same period prior year. ● Net loss of $(18.1) million, compared to net loss of $(0.3) million for the same period prior year. ● Net loss per basic