VTEX (VTEX) Tops Q3 EPS by 1c

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VTEX Reports Third Quarter 2023 Financial Results

November 7, 2023 4:01 PM UTC

GMV and total revenue YoY growth reached 35% and 31%, respectively

Gross profit increased 36% YoY, representing a margin expansion of 292 bps

Non-GAAP operating income and free cash flow reached $1.7 million and $2.7 million, respectively

NEW YORK--(BUSINESS WIRE)-- VTEX (NYSE: VTEX) the global enterprise digital commerce platform for premier brands and retailers, today announced results for the third quarter of 2023 ended September 30, 2023. VTEX results have been prepared in accordance with International Accounting Standard 34, Interim Financial Reporting.

Geraldo Thomaz Jr., founder... More