Vertex (VERX) reported Q1 non-GAAP earnings Wednesday of $0.15 per diluted share, unchanged from a year earlier.

Analysts polled by FactSet expected $0.13.

Revenue for the quarter ended March 31 was $177.1 million compared with $156.8 million a year earlier.

Analysts surveyed by FactSet expected $177 million.

For Q2, the company expects revenue of $182 million to $187 million. Analysts polled by FactSet expect $184.8 million.

Vertex maintained its 2025 revenue outlook of $760 million to $768 million. Analysts surveyed by FactSet expect $762.8 million.