Vertex earnings, Revenue beat in Q3

  • Investing.com
Vertex earnings, Revenue beat in Q3
Credit: © Reuters.

Investing.com - Vertex (NASDAQ: VRTX ) reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Vertex announced earnings per share of $0.08 on revenue of $126.2M. Analysts polled by Investing.com anticipated EPS of $0.06 on revenue of $122.86M.

Vertex shares are down 16.73% from the beginning of the year and are trading at $17.00 , down-from-52-week-high.

Vertex shares gained 10.82% in pre-market trade the report.

Vertex follows other major Information Technology sector earnings this month

Vertex's report follows an earnings beat by Apple on Thursday, October 27, 2022, who reported EPS of $1.29 on revenue of $90.1B, compared to forecasts EPS of $1.26 on revenue of $88.76B.

Microsoft had beat expectations on Tuesday, October 25, 2022 with first quarter EPS of $2.35 on revenue of $50.1B, compared to forecast for EPS of $2.32 on revenue of $49.86B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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