Paymentus Holdings

Paymentus Holdings, Inc. engages in the provision of cloud-based bill payment technology and solutions. Its products offer customers easy-to-use, flexible and secure electronic bill payment experiences powered by an omni-channel payment infrastructure that allows consumers to pay their bills using their preferred payment type and channel. The company was founded by Dushyant Sharma in 2004 and is headquartered in Charlotte, NC.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Paymentus Holdings excels in Q4 2022, eyes revenue growth

Paymentus Holdings reported robust financial and strategic performance in Q4 2022, with revenue and contribution profit showing significant growth. Despite challenges related to pricing actions and inflation, the company is focused on managing expenses and driving revenue growth in 2023.

Paymentus Holdings (PAY) reports stellar Q1 results and eyes growth opportunities

Paymentus Holdings (PAY) delivered a strong Q1 performance, exceeding revenue and EBITDA expectations. The company's focus on client relationships, strategic partnerships, and backlog growth positions it well for future success. Addressing cash flow concerns and optimizing operations present opportunities for sustained profitability and growth.

Paymentus Holdings (PAY) reports strong Q2 earnings and growth opportunities

Paymentus Holdings (PAY) delivered robust financial results in Q2 2023, showcasing strong revenue growth, improved profitability, and enhanced guidance for the full year. The company's strategic focus on client onboarding, partnerships, and innovation positions it well for future success amidst a competitive landscape.

Paymentus Holdings (PAY) reports strong Q3 performance and raises full-year guidance

Paymentus Holdings delivered robust Q3 results, exceeding expectations and showcasing strong financial performance with a focus on sustainable growth.
Management's strategic guidance and ability to raise full-year outlook demonstrate confidence in the company's trajectory and long-term value creation.
While facing challenges such as margin expansion and seasonality impacts, Paymentus remains well-positioned to capitalize on opportunities for revenue growth and market expansion.

Paymentus Holdings reports strong Q4 results and optimistic 2024 guidance

Paymentus Holdings demonstrated robust financial performance in Q4 2023 and provided optimistic guidance for 2024, driven by strong backlog and client signings across verticals.
The company's strategic focus on automating payment workflows, collaborating with banks for real-time network value, and efficient cost management through operating leverage positions it well for future growth.
While facing challenges such as softening contribution profit margins and OpEx growth, Paymentus Holdings has opportunities to diversify, optimize expenses, and enhance profitability through strategic investments.

Paymentus excels in Q1 2024, poised for sustained growth

Paymentus delivered strong financial performance in Q1 2024, exceeding targets and showcasing operational excellence. With a focus on organic growth, efficient capital allocation, and innovative AI integration, the company is well-positioned for sustained success despite potential challenges in managing expenses and optimizing contribution profit.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Paymentus Holdings, Inc. engages in the provision of cloud-based bill payment technology and solutions. Its products offer customers electronic bill payment experiences powered by an omni-channel payment infrastructure that allows consumers to pay their bills using their preferred payment type and channel. The company was founded by Dushyant Sharma in 2004 and is headquartered in Charlotte, NC.

Paymentus (PAY) came out with quarterly earnings of $0.08 per share, beating the Zacks Consensus Estimate of $0.01 per share. This compares to break-even earnings per share a year ago.

Paymentus (PAY) Q2 Earnings and Revenues Beat Estimates

CHARLOTTE, N.C.--(BUSINESS WIRE)--Paymentus Holdings, Inc. (“Paymentus”) (NYSE: PAY), a leading provider of cloud-based bill payment technology and solutions, today announced its unaudited financial results for the second quarter ended June 30, 2023. "We are pleased to report another quarter of excellent results, with revenue up 24.1%, contribution profit up 22.3% and adjusted EBITDA up 183.8% year-over-year. Paymentus generated robust bookings during the quarter resulting in a solid backlog at.

Paymentus Reports Second Quarter 2023 Financial Results

CHARLOTTE, N.C.--(BUSINESS WIRE)--Paymentus Holdings, Inc. (“Paymentus”) (NYSE: PAY), a leading provider of cloud-based bill payment technology solutions, today announced that Dushyant Sharma, Chief Executive Officer, and Sanjay Kalra, Chief Financial Officer, will participate in the 8th Annual Wells Fargo FinTech, Information & Business Services Forum at the Newport Harbor Island Resort in Rhode Island on Thursday, August 10th. Management will host investor meetings throughout the day. Ple.

Paymentus to Participate in the 8th Annual Wells Fargo FinTech, Information & Business Services Forum

CHARLOTTE, N.C.--(BUSINESS WIRE)--Paymentus Holdings, Inc. (“Paymentus” or the “Company”) (NYSE: PAY), a leading provider of cloud-based bill payment technology solutions, will announce its second quarter 2023 financial results after the market close on Monday, August 7, 2023. The Company will discuss the results in a live webcast at 2 p.m. Pacific Time (5 p.m. Eastern Time) on August 7. Event:   Paymentus Second Quarter 2023 Earnings Call Date:   Monday, August 7, 2023 Time:   2:00 p.m. Pacifi.

Paymentus to Report Second Quarter 2023 Earnings Results and Host Webcast on August 7, 2023

Paymentus' recent management comments on growth visibility and backlog expansion have strengthened my conviction that FY23 guidance is achievable. The next catalyst to stock performance should be PAY regaining its rule of 40 status. At the current valuation, PAY is trading at a discount to peers, which makes my modelled upside look conservative as I assume no change in multiples.

Paymentus: Stock Remains A Long As It Continues To Perform

Murphy USA

CAJPY, PAY and MUSA made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on June 2, 2023.

Best Momentum Stocks to Buy for June 2nd

Paymentus (PAY) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Paymentus (PAY) Moves to Strong Buy: Rationale Behind the Upgrade

Paymentus serves billers of all sizes in different industry verticals, such as utilities, financial services, insurance, government, and telecommunications. Paymentus didn't only report an increase in the revenue guidance, management also reported an increase in the number of transactions processed and a new relationship agreement with Oracle.

Paymentus: Beneficial Guidance And More Partnership Agreements Imply Undervaluation

Infineon Technologies AG

ServiceNow

PAY, IFNNY and NOW made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on May 19, 2023.

Best Momentum Stocks to Buy for May 19th

Gold Fields Ltd.

MBIA

Vinci SA

GFI, PAY, IFNNY, MBI and VCISY have been added to the Zacks Rank #1 (Strong Buy) List on May 19, 2023.

New Strong Buy Stocks for May 19th

SAN MATEO, Calif. & REDMOND, Wash.--(BUSINESS WIRE)-- #Guidewire--Guidewire and Paymentus announced Paymentus' new Ready for Guidewire accelerator is now available in the Guidewire Marketplace.

Modernize Insurance Payments with Paymentus' New Guidewire Marketplace App

CHARLOTTE, N.C.--(BUSINESS WIRE)--Paymentus Holdings, Inc. (“Paymentus”) (NYSE: PAY), a leading provider of cloud-based bill payment technology solutions, today announced that Dushyant Sharma, Chief Executive Officer, and Sanjay Kalra, Chief Financial Officer, will participate in the J.P. Morgan 2023 Global Technology, Media and Communications Conference. Mr. Sharma will participate in a fireside chat on Wednesday, May 24th at 12:40 pm ET. Live webcasts and replays will be available on Paymentu.

Paymentus to Participate in the J.P. Morgan 51st Annual Global Technology, Media and Communications Conference

Paymentus Holdings, Inc. (NYSE:PAY ) Q1 2023 Earnings Conference Call May 8, 2023 5:00 PM ET Company Participants David Hanover - Investor Relations Dushyant Sharma - Founder and Chief Executive Officer Sanjay Kalra - Chief Financial Officer Conference Call Participants John Davis - Raymond James Dave Koning - Baird Andrew Estes - Wolfe Research Tien-Tsin Huang - JPMorgan Will Nance - Goldman Sachs Operator Good day and welcome to Paymentus' First Quarter 2023 Earnings Call. This call is being recorded.

Paymentus Holdings, Inc. (PAY) Q1 2023 Earnings Call Transcript

CHARLOTTE, N.C.--(BUSINESS WIRE)--Paymentus Holdings, Inc. (“Paymentus”) (NYSE: PAY), a leading provider of cloud-based bill payment technology and solutions, today announced its unaudited financial results for first quarter of 2023. "Paymentus delivered another strong quarter, with revenue up 27.1% year over year and Adjusted EBITDA up 56.4% year-over-year. Robust bookings resulted in a solid backlog at quarter end, which we believe demonstrates continuing competitive market momentum and growt.

Paymentus Reports First Quarter 2023 Financial Results

Oracle

Paymentus Holdings and Oracle are offering new billing and payments tools for energy and water sector utilities.

Paymentus and Oracle Add Billing and Payments Tools for Utilities

REDMOND, Wash.--(BUSINESS WIRE)-- #billing--Paymentus Holdings Inc. (NYSE: PAY), an Oracle PartnerNetwork (OPN) member, and Oracle continue to collaborate to provide energy and water sector utilities with a wide range of flexible, trusted billing and payments services. The partners recently completed extensive testing to fully validate the integration of the Paymentus Instant Payment Network (IPN) and electronic bill presentment and payment platform (EBPP) across Oracle Energy and Water's suite of automat.

Paymentus and Oracle Partner for Integrated Billing and Payments

CHARLOTTE, N.C.--(BUSINESS WIRE)--Paymentus Holdings, Inc. (“Paymentus” or the “Company”) (NYSE: PAY), a leading provider of cloud-based bill payment technology solutions, will announce its first quarter 2023 financial results after the market close on Monday, May 8, 2023. The Company will discuss the results in a live webcast at 2 p.m. Pacific Time (5 p.m. Eastern Time) on May 8. Event: Paymentus First Quarter 2023 Earnings Call Date: Monday, May 8, 2023 Time: 2:00 p.m. Pacific Time / 5:00 p.m.

Paymentus to Report First Quarter 2023 Earnings Results and Host Webcast on May 8, 2023

CHARLOTTE, N.C.--(BUSINESS WIRE)--Paymentus Holdings, Inc. (“Paymentus”) (NYSE: PAY), a leading provider of cloud-based bill payment technology solutions, today announced that members of the Company's management team are scheduled to participate in the Wolfe Research FinTech Forum on March 14, 2023 at 9:25 am EST. A live webcast and replay will be available on Paymentus' investor relations website at ir.paymentus.com.

Paymentus to Participate in Upcoming Investor Conference

Paymentus Holdings, Inc. (NYSE:PAY ) Q4 2022 Earnings Conference Call February 23, 2023 5:00 PM ET Company Participants Paul Seamon - Interim Chief Financial Officer Dushyant Sharma - Founder and CEO Conference Call Participants Ashwin Shirvaikar - Citi Lamar Clark - SMBC Tien Huang - JPMorgan Operator Good day. And welcome to Paymentus Fourth Quarter 2022 Earnings Call.

Paymentus Holdings, Inc. (PAY) Q4 2022 Earnings Call Transcript

Customers in a variety of verticals are demanding modern bill payment solutions. So said Paymentus Holdings Founder and CEO Dushyant Sharma Thursday (Feb. 23) during the company's quarterly earnings call.

Paymentus Finds Demand for Modern Billing Solutions Across Industries

CHARLOTTE, N.C.--(BUSINESS WIRE)--Paymentus Holdings, Inc. (“Paymentus”) (NYSE: PAY), a leading provider of cloud-based bill payment technology solutions, today announced financial results for its fourth quarter and full year ended December 31, 2022. "Paymentus delivered a strong quarter that was successful, both financially and strategically," said Dushyant Sharma, Founder and CEO.

Paymentus Reports Fourth Quarter and Full Year 2022 Financial Results

Citizens Bank has chosen Paymentus to provide payment services for its retail banking customers. The partnership will see Paymentus offer its Bill Center and Loan Payments tools to Citizens' customers, the company said in a Wednesday (Feb. 15) news release provided to PYMNTS.

Citizens Bank Picks Paymentus for Electronic Bill Pay

REDMOND, Wash.--(BUSINESS WIRE)-- #billing--Paymentus (NYSE: PAY), the best in class digital bill pay1 and money movement provider, today announced that it has been selected by Citizens Financial Group to provide electronic bill payment and money services for its digital-first retail banking customers nationwide.

Paymentus to Provide Bill Pay and Money Movement for Citizens Retail Banking Customers

CHARLOTTE, N.C.--(BUSINESS WIRE)--Paymentus Holdings, Inc. (“Paymentus”) (NYSE: PAY), a leading provider of cloud-based bill payment technology solutions, will announce its fourth quarter and full year 2022 financial results after the market close on Thursday, February 23, 2023. The company will discuss the results in a live webcast at 5 p.m. Eastern Time on February 23rd. The webcast can be accessed on the investor relations section of the Paymentus website at ir.paymentus.com.

Paymentus to Report Fourth Quarter and Full Year 2022 Earnings Results and Host Webcast on February 23, 2023

Paymentus says it is making it easier for billers to accept cash payments. The electronic bill-pay company has expanded the cash payment capabilities on its instant payment network, Paymentus said in a Thursday (Jan. 19) news release provided to PYMNTS.

News for Paymentus Holdings Stock (PAY)