secwatch.observer — SEC 8-K summary
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Issuer:     Vertex, Inc. (VERX)
CIK:        0001806837
Form:       8-K
Filed at:   2023-11-09T23:59:59+00:00
Accession:  0001558370-23-018417
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vertex Q3 revenue $145M (+14.9% YoY); net loss $3.4M; Adj EBITDA $26.6M
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- Total revenues $145.0M, up 14.9% YoY; cloud revenue $54.6M, up 24.8% YoY.
- ARR $484.9M, up 17.8% YoY; NRR 111%, GRR 96%.
- Net loss $(3.4)M ($(0.02)/share); Non-GAAP net income $16.6M, diluted EPS $0.10.
- Adjusted EBITDA $26.6M (18.4% margin) vs $20.7M (16.4%) prior year.
- AARPC $112,690, up from $97,300 a year ago and $109,170 last quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1806837/000155837023018417/0001558370-23-018417-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1806837/000155837023018417/verx-20231109x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-018417

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