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Vertex Announces Third Quarter 2020 Financial Results

Written by Customer Service on . Posted in Earnings Releases And Operating Results.

KING OF PRUSSIA, Pa., Nov. 10, 2020 (GLOBE NEWSWIRE) — Vertex, Inc. (Nasdaq: VERX) (“Vertex” or the “Company”), a leading provider of tax technology and services, today announced financial results for its third quarter ended September 30, 2020.
“Vertex delivered strong third quarter results across many of our key metrics,” said David DeStefano, Chief Executive Officer.  “As digital transformation continues to accelerate, so does the scale and complexity of our customers’ tax operations supporting these initiatives.  We experienced solid revenue growth and accelerated cloud adoption among new and existing customers.  Our strong financial results underscore the value that Vertex brings to our customers every day, and the confidence in our solutions to help them meet the challenges ahead.  Despite economic uncertainties, we continue to accelerate investments to pursue growth opportunities, while still delivering strong financial performance.”Third Quarter 2020 Financial Results

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