Paymentus Holdings, Inc. Q4 Profit Increases, Beats Estimates

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

by RTTNews Staff Writer

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