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    Subscribe to $VERX

    Vertex Inc.

    Subscribe to $VERX
    $VERX
    Computer Software: Prepackaged Software
    Technology

    Vertex, Inc. provides tax technology solutions for corporations in retail, communication, leasing, and manufacturing industries in the United States and internationally. It offers tax determination, compliance and reporting, tax data management, document management, pre-built integration, and industry-specific solutions. The company sells its software products through software license and software as a service subscriptions. It also provides implementation and training services in connection with its software license and cloud subscriptions, transaction tax returns outsourcing, and other tax-related services. The company was founded in 1978 and is headquartered in King of Prussia, Pennsylvania.

    IPO Year: 2020

    Exchange: NASDAQ

    Website: vertexinc.com

    Peers

    $VRTX
    $AVLR

    Recent Analyst Ratings for Vertex Inc.

    DatePrice TargetRatingAnalyst
    4/22/2025$54.00Outperform
    Exane BNP Paribas
    2/28/2025$58.00 → $31.00Buy → Hold
    Stifel
    1/3/2025Outperform → Mkt Perform
    Raymond James
    12/31/2024$62.00Buy
    DA Davidson
    11/4/2024$35.00 → $50.00Hold → Buy
    Jefferies
    7/23/2024$43.00Outperform
    Robert W. Baird
    3/1/2024$40.00Underperform → Neutral
    BofA Securities
    9/18/2023$25.00Overweight
    Morgan Stanley
    3/9/2023$16.00 → $20.00Underperform → Neutral
    BofA Securities
    2/9/2023$19.00Outperform
    Raymond James
    See more ratings

    Vertex Inc. Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

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    • Exane BNP Paribas initiated coverage on Vertex with a new price target

      Exane BNP Paribas initiated coverage of Vertex with a rating of Outperform and set a new price target of $54.00

      4/22/25 7:35:23 AM ET
      $VERX
      Computer Software: Prepackaged Software
      Technology
    • Vertex downgraded by Stifel with a new price target

      Stifel downgraded Vertex from Buy to Hold and set a new price target of $31.00 from $58.00 previously

      2/28/25 7:35:48 AM ET
      $VERX
      Computer Software: Prepackaged Software
      Technology
    • Vertex downgraded by Raymond James

      Raymond James downgraded Vertex from Outperform to Mkt Perform

      1/3/25 7:51:56 AM ET
      $VERX
      Computer Software: Prepackaged Software
      Technology
    • DA Davidson initiated coverage on Vertex with a new price target

      DA Davidson initiated coverage of Vertex with a rating of Buy and set a new price target of $62.00

      12/31/24 7:12:25 AM ET
      $VERX
      Computer Software: Prepackaged Software
      Technology
    • Vertex upgraded by Jefferies with a new price target

      Jefferies upgraded Vertex from Hold to Buy and set a new price target of $50.00 from $35.00 previously

      11/4/24 7:43:23 AM ET
      $VERX
      Computer Software: Prepackaged Software
      Technology
    • Robert W. Baird initiated coverage on Vertex with a new price target

      Robert W. Baird initiated coverage of Vertex with a rating of Outperform and set a new price target of $43.00

      7/23/24 6:40:16 AM ET
      $VERX
      Computer Software: Prepackaged Software
      Technology
    • Vertex upgraded by BofA Securities with a new price target

      BofA Securities upgraded Vertex from Underperform to Neutral and set a new price target of $40.00

      3/1/24 8:26:00 AM ET
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    • Morgan Stanley resumed coverage on Vertex with a new price target

      Morgan Stanley resumed coverage of Vertex with a rating of Overweight and set a new price target of $25.00

      9/18/23 7:24:25 AM ET
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    • Vertex upgraded by BofA Securities with a new price target

      BofA Securities upgraded Vertex from Underperform to Neutral and set a new price target of $20.00 from $16.00 previously

      3/9/23 7:37:47 AM ET
      $VERX
      Computer Software: Prepackaged Software
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    • Raymond James initiated coverage on Vertex with a new price target

      Raymond James initiated coverage of Vertex with a rating of Outperform and set a new price target of $19.00

      2/9/23 6:23:31 AM ET
      $VERX
      Computer Software: Prepackaged Software
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    Vertex Inc. Large Ownership Changes

    This live feed shows all institutional transactions in real time.

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    • Amendment: SEC Form SC 13G/A filed by Vertex Inc.

      SC 13G/A - Vertex, Inc. (0001806837) (Subject)

      11/14/24 4:31:49 PM ET
      $VERX
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    • Amendment: SEC Form SC 13G/A filed by Vertex Inc.

      SC 13G/A - Vertex, Inc. (0001806837) (Subject)

      11/14/24 4:02:51 PM ET
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    • Amendment: SEC Form SC 13G/A filed by Vertex Inc.

      SC 13G/A - Vertex, Inc. (0001806837) (Subject)

      11/13/24 5:30:19 PM ET
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    • Amendment: SEC Form SC 13G/A filed by Vertex Inc.

      SC 13G/A - Vertex, Inc. (0001806837) (Subject)

      11/13/24 5:30:09 PM ET
      $VERX
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    • Amendment: SEC Form SC 13G/A filed by Vertex Inc.

      SC 13G/A - Vertex, Inc. (0001806837) (Subject)

      10/2/24 2:12:31 PM ET
      $VERX
      Computer Software: Prepackaged Software
      Technology
    • SEC Form SC 13G/A filed by Vertex Inc. (Amendment)

      SC 13G/A - Vertex, Inc. (0001806837) (Subject)

      2/14/24 4:26:57 PM ET
      $VERX
      Computer Software: Prepackaged Software
      Technology
    • SEC Form SC 13G/A filed by Vertex Inc. (Amendment)

      SC 13G/A - Vertex, Inc. (0001806837) (Subject)

      2/14/24 4:08:56 PM ET
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    • SEC Form SC 13G/A filed by Vertex Inc. (Amendment)

      SC 13G/A - Vertex, Inc. (0001806837) (Subject)

      2/12/24 5:30:15 PM ET
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    • SEC Form SC 13G/A filed by Vertex Inc. (Amendment)

      SC 13G/A - Vertex, Inc. (0001806837) (Subject)

      2/12/24 2:14:16 PM ET
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    • SEC Form SC 13G/A filed by Vertex Inc. (Amendment)

      SC 13G/A - Vertex, Inc. (0001806837) (Subject)

      1/5/24 10:53:00 AM ET
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    Vertex Inc. Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

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    • GENERAL COUNSEL Rowland Bryan T.R. exercised 32,105 shares at a strike of $4.63 and sold $1,555,515 worth of shares (43,228 units at $35.98), decreasing direct ownership by 99% to 132 units (SEC Form 4)

      4 - Vertex, Inc. (0001806837) (Issuer)

      3/21/25 4:03:16 PM ET
      $VERX
      Computer Software: Prepackaged Software
      Technology
    • Director Andersen Eric C. exercised 22,000 shares at a strike of $2.50, increasing direct ownership by 27% to 105,014 units (SEC Form 4)

      4 - Vertex, Inc. (0001806837) (Issuer)

      3/6/25 4:21:39 PM ET
      $VERX
      Computer Software: Prepackaged Software
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    • Director Gayton Bradley M bought $299,382 worth of shares (9,400 units at $31.85), increasing direct ownership by 25% to 47,535 units (SEC Form 4)

      4 - Vertex, Inc. (0001806837) (Issuer)

      3/4/25 4:57:29 PM ET
      $VERX
      Computer Software: Prepackaged Software
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    • GENERAL COUNSEL Rowland Bryan T.R. converted options into 867 shares and covered exercise/tax liability with 239 shares, increasing direct ownership by 6% to 11,255 units (SEC Form 4)

      4 - Vertex, Inc. (0001806837) (Issuer)

      3/4/25 4:12:56 PM ET
      $VERX
      Computer Software: Prepackaged Software
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    • CHIEF FINANCIAL OFFICER Schwab John R converted options into 1,721 shares and covered exercise/tax liability with 932 shares, increasing direct ownership by 0.89% to 89,624 units (SEC Form 4)

      4 - Vertex, Inc. (0001806837) (Issuer)

      3/4/25 4:12:11 PM ET
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    • PRESIDENT & CEO Destefano David covered exercise/tax liability with 14,613 shares and converted options into 28,568 shares, increasing direct ownership by 2% to 791,332 units (SEC Form 4)

      4 - Vertex, Inc. (0001806837) (Issuer)

      3/4/25 4:11:30 PM ET
      $VERX
      Computer Software: Prepackaged Software
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    • PRESIDENT & CEO Destefano David converted options into 109,232 shares and covered exercise/tax liability with 55,873 shares, increasing direct ownership by 7% to 777,377 units (SEC Form 4)

      4 - Vertex, Inc. (0001806837) (Issuer)

      2/26/25 4:21:40 PM ET
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    • PRESIDENT & CEO Destefano David converted options into 170,922 shares and covered exercise/tax liability with 84,142 shares, increasing direct ownership by 14% to 724,018 units (SEC Form 4)

      4 - Vertex, Inc. (0001806837) (Issuer)

      2/25/25 4:19:33 PM ET
      $VERX
      Computer Software: Prepackaged Software
      Technology
    • Chief Accounting Officer Leib Ryan J converted options into 4,035 shares and covered exercise/tax liability with 1,150 shares, increasing direct ownership by 101% to 5,755 units (SEC Form 4)

      4 - Vertex, Inc. (0001806837) (Issuer)

      2/25/25 4:18:50 PM ET
      $VERX
      Computer Software: Prepackaged Software
      Technology
    • GENERAL COUNSEL Rowland Bryan T.R. converted options into 10,561 shares and covered exercise/tax liability with 2,904 shares, increasing direct ownership by 258% to 10,627 units (SEC Form 4)

      4 - Vertex, Inc. (0001806837) (Issuer)

      2/25/25 4:18:01 PM ET
      $VERX
      Computer Software: Prepackaged Software
      Technology

    Vertex Inc. Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Gayton Bradley M bought $299,382 worth of shares (9,400 units at $31.85), increasing direct ownership by 25% to 47,535 units (SEC Form 4)

      4 - Vertex, Inc. (0001806837) (Issuer)

      3/4/25 4:57:29 PM ET
      $VERX
      Computer Software: Prepackaged Software
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    Vertex Inc. SEC Filings

    See more
    • SEC Form 10-Q filed by Vertex Inc.

      10-Q - Vertex, Inc. (0001806837) (Filer)

      5/7/25 4:35:44 PM ET
      $VERX
      Computer Software: Prepackaged Software
      Technology
    • Vertex Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

      8-K - Vertex, Inc. (0001806837) (Filer)

      5/7/25 7:20:14 AM ET
      $VERX
      Computer Software: Prepackaged Software
      Technology
    • SEC Form DEFA14A filed by Vertex Inc.

      DEFA14A - Vertex, Inc. (0001806837) (Filer)

      4/28/25 4:31:14 PM ET
      $VERX
      Computer Software: Prepackaged Software
      Technology
    • SEC Form DEF 14A filed by Vertex Inc.

      DEF 14A - Vertex, Inc. (0001806837) (Filer)

      4/28/25 4:30:17 PM ET
      $VERX
      Computer Software: Prepackaged Software
      Technology
    • SEC Form 144 filed by Vertex Inc.

      144 - Vertex, Inc. (0001806837) (Subject)

      3/19/25 4:21:39 PM ET
      $VERX
      Computer Software: Prepackaged Software
      Technology
    • Vertex Inc. filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits

      8-K - Vertex, Inc. (0001806837) (Filer)

      3/19/25 12:16:29 PM ET
      $VERX
      Computer Software: Prepackaged Software
      Technology
    • Amendment: SEC Form SCHEDULE 13G/A filed by Vertex Inc.

      SCHEDULE 13G/A - Vertex, Inc. (0001806837) (Subject)

      3/6/25 3:10:03 PM ET
      $VERX
      Computer Software: Prepackaged Software
      Technology
    • SEC Form 10-K filed by Vertex Inc.

      10-K - Vertex, Inc. (0001806837) (Filer)

      2/27/25 4:31:51 PM ET
      $VERX
      Computer Software: Prepackaged Software
      Technology
    • Vertex Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

      8-K - Vertex, Inc. (0001806837) (Filer)

      2/27/25 7:22:48 AM ET
      $VERX
      Computer Software: Prepackaged Software
      Technology
    • Amendment: SEC Form SCHEDULE 13G/A filed by Vertex Inc.

      SCHEDULE 13G/A - Vertex, Inc. (0001806837) (Subject)

      2/12/25 4:30:11 PM ET
      $VERX
      Computer Software: Prepackaged Software
      Technology

    Vertex Inc. Financials

    Live finance-specific insights

    See more
    • Vertex Announces First Quarter 2025 Financial Results

      KING OF PRUSSIA, Pa., May 07, 2025 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX) ("Vertex" or the "Company"), a leading global provider of indirect tax solutions, today announced financial results for its first quarter ended March 31, 2025. "Vertex continued to perform well in the first quarter, setting us up for a strong 2025," said David DeStefano, Vertex's President, Chief Executive Officer and Chairperson of the Board. "Our financial results were in line with our expectations for the quarter, and we made solid progress on key strategic initiatives including e-invoicing and artificial intelligence. We remain very optimistic for our financial outlook for 2025

      5/7/25 7:05:53 AM ET
      $VERX
      Computer Software: Prepackaged Software
      Technology
    • Vertex to Announce First Quarter 2025 Financial Results on Wednesday, May 7, 2025

      KING OF PRUSSIA, Pa., April 14, 2025 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX), a leading global technology provider of indirect tax solutions, today announced that it will release first quarter 2025 financial results before the market opens on Wednesday, May 7, 2025. A conference call to discuss the results will be held at 8:30 a.m. Eastern Time that same day. Those wishing to participate may do so by dialing 1-412-317-6026 approximately ten minutes prior to start time. A listen-only webcast of the call will also be available through the Company's Investor Relations website at https://ir.vertexinc.com. A conference call replay will be available approximately one hour after the call

      4/14/25 4:15:00 PM ET
      $VERX
      Computer Software: Prepackaged Software
      Technology
    • Vertex Announces Fourth Quarter and Full Year 2024 Financial Results

      KING OF PRUSSIA, Pa., Feb. 27, 2025 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX) ("Vertex" or the "Company"), a leading global provider of indirect tax solutions, today announced financial results for its fourth quarter and full year ended December 31, 2024. "Vertex's 2024 financial results demonstrated the power of our business and financial model, which is built to deliver consistent and durable mid-to-high teens revenue growth with strong earnings leverage and cash flow," stated David DeStefano, Vertex's President, Chief Executive Officer and Chairperson of the Board. "We believe the secular tailwinds that enable our performance will accelerate in the coming years as indirect taxes c

      2/27/25 7:05:44 AM ET
      $VERX
      Computer Software: Prepackaged Software
      Technology
    • Vertex to Announce Fourth Quarter 2024 Financial Results on Thursday, February 27, 2025

      KING OF PRUSSIA, Pa., Jan. 22, 2025 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX), a leading global technology provider of indirect tax solutions, today announced that it will release fourth quarter 2024 financial results before the market opens on Thursday, February 27, 2025. A conference call to discuss the results will be held at 8:30 a.m. Eastern Time that same day. Those wishing to participate may do so by dialing 1-412-317-6026 approximately ten minutes prior to start time. A listen-only webcast of the call will also be available through the Company's Investor Relations website at https://ir.vertexinc.com. A conference call replay will be available approximately one hour after the

      1/22/25 4:30:00 PM ET
      $VERX
      Computer Software: Prepackaged Software
      Technology
    • Vertex Announces Third Quarter 2024 Financial Results

      KING OF PRUSSIA, Pa., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX) ("Vertex" or the "Company"), a leading global provider of indirect tax solutions, today announced financial results for its third quarter ended September 30, 2024. "The third quarter of 2024 was another great quarter for Vertex", stated David DeStefano, Vertex's President, Chief Executive Officer and Chairperson of the Board. "Revenue was above the high end of our quarterly guidance, with mid-teens organic revenue growth. We were once again GAAP earnings positive with strong Adjusted EBITDA. And we delivered significant cash flow from operating activities as well as free cash flow, demonstrating our h

      11/6/24 7:05:22 AM ET
      $VERX
      Computer Software: Prepackaged Software
      Technology
    • Vertex to Announce Third Quarter 2024 Financial Results on Wednesday, November 6, 2024

      KING OF PRUSSIA, Pa., Oct. 21, 2024 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX), a leading global technology provider of indirect tax solutions, today announced that it will release third quarter 2024 financial results before the market opens on Wednesday, November 6, 2024. A conference call to discuss the results will be held at 8:30 a.m. Eastern Time that same day. Those wishing to participate may do so by dialing 1-412-317-6026 approximately ten minutes prior to start time. A listen-only webcast of the call will also be available through the Company's Investor Relations website at https://ir.vertexinc.com. A conference call replay will be available approximately one hour after the

      10/21/24 4:05:00 PM ET
      $VERX
      Computer Software: Prepackaged Software
      Technology
    • Vertex Completes Acquisition of ecosio

      KING OF PRUSSIA, Pa., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Vertex Inc. (NASDAQ:VERX) ("Vertex" or the "Company"), a leading global provider of indirect tax solutions, today announced that it has completed the acquisition of ecosio, a leading B2B integration provider specializing in electronic data interchange (EDI) and e-invoicing, as of August 30, 2024. David DeStefano, CEO of Vertex, stated, "We welcome the ecosio team to the Vertex family. E-invoicing is going to change the way international companies handle Value Added Tax compliance and reporting. By integrating ecosio's e-invoicing capabilities together with Vertex's leading indirect tax software platform, we're delivering a comprehen

      9/4/24 7:05:00 AM ET
      $VERX
      Computer Software: Prepackaged Software
      Technology
    • Vertex Acquires ecosio To Accelerate Global E-Invoicing Compliance

      KING OF PRUSSIA, Pa., Aug. 07, 2024 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX) ("Vertex" or the "Company"), a global provider of tax technology solutions, today announced the acquisition of ecosio, a leading B2B integration provider specializing in electronic data interchange (EDI) and e-invoicing. The closing is pending customary Austrian regulatory approval.    The acquisition advances a shared vision to accelerate global commerce and deliver a single, scalable platform for automating business transactions and managing indirect tax reporting and e-invoicing compliance. With the increasing prevalence of real-time and near real-time digital tax reporting mandates, e-invoicing is rapid

      8/7/24 7:07:21 AM ET
      $VERX
      Computer Software: Prepackaged Software
      Technology
    • Vertex Announces Second Quarter 2024 Financial Results

      KING OF PRUSSIA, Pa., Aug. 07, 2024 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX) ("Vertex" or the "Company"), a leading global provider of indirect tax solutions, today announced financial results for its second quarter ended June 30, 2024. "The second quarter financial results demonstrate the true earnings power of the Vertex business model," stated David DeStefano, Vertex's President, Chief Executive Officer and Chairperson of the Board. "We were GAAP earnings positive for the third quarter in a row, generated the highest level of quarterly cash provided by operating activities and free cash flow in our 46-year history and delivered our highest Adjusted EBITDA margin since

      8/7/24 7:06:39 AM ET
      $VERX
      Computer Software: Prepackaged Software
      Technology
    • Vertex to Announce Second Quarter 2024 Financial Results on Wednesday, August 7, 2024

      KING OF PRUSSIA, Pa., July 11, 2024 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX), a leading global technology provider of indirect tax solutions, today announced that it will release second quarter 2024 financial results before the market opens on Wednesday, August 7, 2024. A conference call to discuss the results will be held at 8:30 a.m. Eastern Time that same day. Those wishing to participate may do so by dialing 1-412-317-6026 approximately ten minutes prior to start time. A listen-only webcast of the call will also be available through the Company's Investor Relations website at https://ir.vertexinc.com. A conference call replay will be available approximately one hour after the c

      7/11/24 4:15:00 PM ET
      $VERX
      Computer Software: Prepackaged Software
      Technology

    Vertex Inc. Press Releases

    Fastest customizable press release news feed in the world

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    • Vertex to Present at 20th Annual Needham Technology, Media, & Consumer Conference

      KING OF PRUSSIA, Pa., May 08, 2025 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX), a global provider of tax technology solutions, today announced that David DeStefano, Chief Executive Officer, and John Schwab, Chief Financial Officer, will participate in a fireside chat at the 20th Annual Needham Technology, Media, & Consumer Conference. The fireside chat is scheduled for Monday, May 12, 2025 at 9:30 AM Eastern Time. Live webcasts and replays of both presentations will be available on Vertex's investor relations website at ir.vertex.com. About VertexVertex, Inc. is a leading global provider of indirect tax solutions. The Company's mission is to deliver the most trusted tax technology en

      5/8/25 6:45:00 PM ET
      $VERX
      Computer Software: Prepackaged Software
      Technology
    • Vertex Announces First Quarter 2025 Financial Results

      KING OF PRUSSIA, Pa., May 07, 2025 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX) ("Vertex" or the "Company"), a leading global provider of indirect tax solutions, today announced financial results for its first quarter ended March 31, 2025. "Vertex continued to perform well in the first quarter, setting us up for a strong 2025," said David DeStefano, Vertex's President, Chief Executive Officer and Chairperson of the Board. "Our financial results were in line with our expectations for the quarter, and we made solid progress on key strategic initiatives including e-invoicing and artificial intelligence. We remain very optimistic for our financial outlook for 2025

      5/7/25 7:05:53 AM ET
      $VERX
      Computer Software: Prepackaged Software
      Technology
    • Vertex Study: Global Tax and Finance Leaders Significantly Shift in Support of e-Invoicing

      KING OF PRUSSIA, Pa., May 06, 2025 (GLOBE NEWSWIRE) -- Vertex Inc. (NASDAQ:VERX) ("Vertex" or the "Company"), a leading global provider of indirect tax solutions, today announced new e-invoicing research revealing that a majority (79%) of global business leaders believe e-invoicing mandates are beneficial to business. Furthermore, 80% agree these mandates will improve data accuracy and financial reporting in a time where precision is needed most. The survey, which polled 1,150 global tax and finance professionals, shows e-invoicing implementation is on the rise as 80% of businesses plan to improve the integration of e-invoicing systems over the next two years – pointing to a positive atti

      5/6/25 8:00:00 AM ET
      $VERX
      Computer Software: Prepackaged Software
      Technology
    • Vertex Announces Strategic Investment in AI Tax Compliance Startup Kintsugi

      KING OF PRUSSIA, Pa., April 30, 2025 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX) ("Vertex" or the "Company"), a global provider of indirect tax technology solutions, today announced it has completed a strategic investment in Kintsugi, a San Francisco-based, AI-native startup focused on automating sales tax compliance for small and mid-size businesses (SMBs). Terms of the agreement include a $15 million minority investment representing a 10 percent ownership interest, as well as IP sharing and a commercial arrangement. Additionally, Vertex will join the Kintsugi Board of Directors. The adoption of tax automation solutions is growing substantially as businesses face increasing compliance

      4/30/25 8:00:00 AM ET
      $VERX
      Computer Software: Prepackaged Software
      Technology
    • Vertex to Announce First Quarter 2025 Financial Results on Wednesday, May 7, 2025

      KING OF PRUSSIA, Pa., April 14, 2025 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX), a leading global technology provider of indirect tax solutions, today announced that it will release first quarter 2025 financial results before the market opens on Wednesday, May 7, 2025. A conference call to discuss the results will be held at 8:30 a.m. Eastern Time that same day. Those wishing to participate may do so by dialing 1-412-317-6026 approximately ten minutes prior to start time. A listen-only webcast of the call will also be available through the Company's Investor Relations website at https://ir.vertexinc.com. A conference call replay will be available approximately one hour after the call

      4/14/25 4:15:00 PM ET
      $VERX
      Computer Software: Prepackaged Software
      Technology
    • Vertex Expands Chief Strategy Office to Advance E-Invoicing and Global Compliance Initiatives

      KING OF PRUSSIA, Pa., April 10, 2025 (GLOBE NEWSWIRE) -- Vertex Inc. (NASDAQ:VERX) ("Vertex" or the "Company"), a global provider of indirect tax technology solutions, today announced the expansion of its Chief Strategy Office (CSO) with the addition of Christopher Hall and Kathya Capote Peimbert. Their extensive experience in e-invoicing, global tax compliance and ERP integration further reinforces Vertex's continued commitment to innovation and excellence, helping businesses navigate an increasingly complex regulatory landscape. Hall and Peimbert join a distinguished group of tax leaders across the CSO and Chief Tax Office who have played a pivotal role in shaping Vertex's tax technology

      4/10/25 8:00:00 AM ET
      $VERX
      Computer Software: Prepackaged Software
      Technology
    • Vertex Commerce Study: Returnuary's Growing Complexity Forces Retailers to Keep Pace

      KING OF PRUSSIA, Pa., March 26, 2025 (GLOBE NEWSWIRE) -- Vertex Inc. (NASDAQ:VERX) ("Vertex" or the "Company"), a global provider of indirect tax technology solutions, reveals that while free, easy product returns are paramount for consumer loyalty, they also create significant indirect tax complexities for retailers managing a surge of returns. Data from the post-holiday ‘Returnuary' season – spanning late December through early February – shows that the majority (81%) of consumers would rather keep an item or seek out a nearby store to complete a return than pay for return shipping. With free returns a clear consumer expectation, 68% of shoppers indicate that their return experience dire

      3/26/25 8:00:00 AM ET
      $VERX
      Computer Software: Prepackaged Software
      Technology
    • Vertex, Inc. to Host 2025 Investor Day

      KING OF PRUSSIA, Pa., March 11, 2025 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX) today announced that it will host an Investor Day on Wednesday, March 19, in Philadelphia, PA. The event will feature presentations and a question-and-answer session with several members of the Company's executive leadership team. The event will begin at 8:30 a.m. ET and is expected to conclude approximately 12:00 p.m. ET. Due to a limited capacity, in-person attendance is by invitation only and advanced registration is required. A live video broadcast of the event will be available on the Company's Investor Relations website, https://ir.vertexinc.com/events-and-presentations. A replay will be available s

      3/11/25 4:05:00 PM ET
      $VERX
      Computer Software: Prepackaged Software
      Technology
    • Vertex Announces Fourth Quarter and Full Year 2024 Financial Results

      KING OF PRUSSIA, Pa., Feb. 27, 2025 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX) ("Vertex" or the "Company"), a leading global provider of indirect tax solutions, today announced financial results for its fourth quarter and full year ended December 31, 2024. "Vertex's 2024 financial results demonstrated the power of our business and financial model, which is built to deliver consistent and durable mid-to-high teens revenue growth with strong earnings leverage and cash flow," stated David DeStefano, Vertex's President, Chief Executive Officer and Chairperson of the Board. "We believe the secular tailwinds that enable our performance will accelerate in the coming years as indirect taxes c

      2/27/25 7:05:44 AM ET
      $VERX
      Computer Software: Prepackaged Software
      Technology
    • Vertex Expands e-Invoicing Capabilities to Streamline Compliance & Reporting

      KING OF PRUSSIA, Pa., Feb. 26, 2025 (GLOBE NEWSWIRE) -- Vertex Inc. (NASDAQ:VERX) ("Vertex" or the "Company"), a global provider of tax technology solutions, today announced the latest enhancement of Vertex e-Invoicing – a comprehensive solution designed to simplify electronic invoicing (e-invoicing) for businesses navigating increasingly complex global tax regulations. The release integrates Continuous Transaction Controls (CTC) with Periodic Transaction Controls (PTC) to streamline the exchange, clearance, e-archiving and VAT reporting & reconciliation of e-invoices, helping organizations comply with evolving mandates and jurisdictional requirements worldwide. With e-invoicing mandates

      2/26/25 9:00:00 AM ET
      $VERX
      Computer Software: Prepackaged Software
      Technology

    Vertex Inc. Leadership Updates

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    • Vertex Selected to Join Oracle ISV Accelerator for SaaS Initiative

      KING OF PRUSSIA, Pa., April 24, 2024 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX) ("Vertex" or the "Company"), a global provider of tax technology solutions and a member of Oracle PartnerNetwork (OPN), today announced that it has been selected to join the Oracle Independent Software Vendor (ISV) Accelerator for SaaS Initiative. With expertise in Oracle Cloud Fusion Cloud Applications integrations, Vertex continues to leverage the power of contract and tax data to optimize customer operations and outcomes. "Building on our longstanding relationship with Oracle, we are thrilled to join the Oracle ISV Accelerator," said Bradd Wildstein, Vice President, Indirect Sales at Vertex, Inc. "Throu

      4/24/24 8:00:00 AM ET
      $VERX
      Computer Software: Prepackaged Software
      Technology
    • Vertex Announces New Leadership with Three Strategic Appointments in Customer Success and Services, Tax Research and Global Talent

      KING OF PRUSSIA, Pa., Dec. 21, 2023 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX) ("Vertex" or the "Company"), a global provider of tax technology solutions, announced today the appointment of three experienced leaders: Mindy Cunningham as SVP, Customer Success and Services; Jessica Nowlin, VP, Tax Research; and Angela Travagline VP, Global Talent and Organizational Effectiveness. The wealth of knowledge and skill set they bring will reinforce the company's strategic focus on customer success, tax research effectiveness and talent development. "These new appointments encompass vital aspects of our operations and are instrumental in Vertex's continuous journey as a leader in the SaaS land

      12/21/23 8:00:00 AM ET
      $VERX
      Computer Software: Prepackaged Software
      Technology
    • Vertex Partners with Shopify to Streamline Global Tax Compliance

      KING OF PRUSSIA, Pa., Nov. 06, 2023 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX) ("Vertex" or the "Company"), a global provider of tax technology solutions, announced today its partnership with Shopify Inc. ((NYSE, TSX:SHOP), a provider of essential internet infrastructure for commerce. This partnership will enable enterprise merchants using the Shopify Tax Platform for business-to-business (B2B) and business-to-consumer (B2C) sales to automate tax calculation and compliance on a global scale. The SaaS-based solution removes barriers to commerce growth and accelerates the transaction process by eliminating the need to manually update complex rates and rules for over 195 countries, inclu

      11/6/23 8:00:00 AM ET
      $VERX
      Computer Software: Prepackaged Software
      Technology
    • Vertex Appoints Chirag Patel as Chief Strategy Officer

      KING OF PRUSSIA, Pa., Oct. 05, 2023 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX) ("Vertex" or the "Company"), a global provider of tax technology solutions, announced today the appointment of Chirag Patel as Chief Strategy Officer (CSO). In this role, he will focus on the advancement of the Company's strategy across an expanded global market for tax technology solutions and collaborate closely with the Vertex executive team to accelerate the next phase of growth. Patel joins Vertex from Ernst & Young (EY) where he was the leader of EY Foundry, a corporate venturing unit responsible for building new software businesses in relevant markets. Prior to that position, Patel co-founded and act

      10/5/23 8:00:00 AM ET
      $VERX
      Computer Software: Prepackaged Software
      Technology