Paymentus Holdings, Inc. (PAY) reported earnings for its fourth quarter that increased from the same period last year and beat the Street estimates.
The company's earnings totaled $13.15 million, or $0.10 per share. This compares with $9.40 million, or $0.07 per share, last year.
Excluding items, Paymentus Holdings, Inc. reported adjusted earnings of $16.30 million or $0.13 per share for the period.
Analysts on average had expected the company to earn $0.12 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 56.5% to $257.877 million from $164.800 million last year.
Paymentus Holdings, Inc. earnings at a glance (GAAP) :
-Earnings: $13.15 Mln. vs. $9.40 Mln. last year.
-EPS: $0.10 vs. $0.07 last year.
-Revenue: $257.877 Mln vs. $164.800 Mln last year.
-Guidance:
Next quarter revenue guidance: $241 - $249 Mln
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