Reported 2 days ago
Conestoga Capital Advisors' third-quarter 2025 investor letter highlights Vertex, Inc. (NASDAQ:VERX), a provider of enterprise tax technology solutions, noting its 41.48% loss over the past year and a 2.45% decline in the last month. Despite a revenue growth of 14.6% year-over-year in Q2 2025, factors like slower IT spending and challenges in product development led to cautious investor sentiment. While the trend toward digitized tax compliance is seen positively, current macro challenges have negatively impacted Vertex's stock performance.
Source: YAHOO