VTEX (VTEX) reported Q1 earnings late Tuesday of $0.005 per diluted share, swinging from a loss of $0.005 a year earlier.

Two analysts polled by FactSet expected a loss of $0.01.

Revenue for the quarter ended March 31 was $54.2 million, compared with $52.6 million a year earlier.

Four analysts surveyed by FactSet expected $53 million.

The company expects revenue for Q2 of $57 million to $58.5 million. Three analysts surveyed by FactSet expect $61.7 million.

For 2025, the company said it continues to target FX neutral annual revenue growth of 14% to 17%.