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Paymentus Holdings Inc - PAY STOCK NEWS

Welcome to our dedicated news page for Paymentus Holdings (Ticker: PAY), a resource for investors and traders seeking the latest updates and insights on Paymentus Holdings.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Paymentus Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Paymentus Holdings's position in the market.

News
Paymentus Reports Fourth Quarter and Full Year 2023 Financial Results
Rhea-AI Summary
Paymentus Holdings, Inc. (PAY) reported impressive financial results for Q4 and full year 2023, with a 24.7% increase in quarterly revenue and a 95.4% growth in adjusted EBITDA year-over-year. The company's strong performance was driven by increased transactions, leading to revenue of $164.8 million in Q4 and $614.5 million for the full year. Paymentus processed 124.8 million transactions in Q4 and 458.2 million transactions for the full year 2023. Adjusted gross profit, contribution profit, and net income also showed significant increases. The company's CEO, Dushyant Sharma, expressed confidence in continued growth for 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
20.18%
Tags
earnings
-
News
Paymentus to Participate in the Wolfe Research FinTech Forum 2024
Rhea-AI Summary
Paymentus Holdings, Inc. announced CEO and CFO participation in the Wolfe Research FinTech Forum 2024. The event includes a fireside chat and investor meetings, with webcast available for replay on Paymentus' IR website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.5%
Tags
conferences
-
News
Paymentus Marks 20 Years of Bill Pay Innovation With New Insights Into Bill Pay Behavior
Rhea-AI Summary
Paymentus Holdings Inc. celebrates 20 years of innovation in electronic billing and payments, highlighting the need for control, expanded payment options, and convenience for consumers. With over 1,900 clients, Paymentus aims to simplify bill-pay processes and address the overwhelming bill-pay challenges faced by consumers. A recent study reveals that Americans paid over 16.8 billion bills in 2023, spending $5.6 trillion, with only 4 in 10 bills on auto-pay. Paymentus emphasizes the importance of providing control over cash flow and household spending to meet consumer demands.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.54%
Tags
none
News
Paymentus to Report Fourth Quarter and Full Year 2023 Earnings Results and Host Webcast on March 4, 2024
Rhea-AI Summary
Paymentus Holdings, Inc. will announce its fourth quarter and full year 2023 financial results after the market close on Monday, March 4, 2024. The Company will discuss the results in a live webcast at 5 p.m. Eastern Time on March 4, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.54%
Tags
conferences earnings
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News
Paymentus Expands Its Reach in Real Estate With Yardi
Rhea-AI Summary
Paymentus Holdings Inc. (PAY) has been designated as a fully qualified Yardi Standard Interface Vendor, allowing property managers to access advanced billing and payment features through the Yardi Voyager platform. The omnichannel SaaS-based solution seamlessly integrates with Voyager, providing modern payment options and real-time reporting functionality. Residents can make instant payments using various methods and channels, including digital wallets like PayPal and Venmo. Founder and CEO, Dushyant Sharma, emphasizes the importance of offering simplified and streamlined bill pay experiences to drive positive payment behaviors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.7%
Tags
none
-
News
Paymentus to Participate in Upcoming Investor Conferences in December 2023
Rhea-AI Summary
Paymentus Holdings, Inc. (PAY) announces CEO and CFO participation in investor conferences in New York. Dushyant Sharma and Sanjay Kalra will participate in fireside chats and in-person investor meetings at Raymond James TMT and Consumer Conference and Wolfe Research 1st Annual Small and Mid-Cap Conference. The fireside chat will be webcast live on Paymentus' investor relations website at ir.paymentus.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.74%
Tags
conferences
News
Paymentus Reports Third Quarter 2023 Financial Results
Rhea-AI Summary
Paymentus Holdings, Inc. reported exceptional financial results for Q3 2023, with revenue increasing by 18.9% YoY and adjusted EBITDA rising by 93.9% YoY. The company achieved strong growth in revenue, contribution profit, and adjusted EBITDA, driven by increased transactions. Paymentus also processed 115.4 million transactions in Q3 2023, a 25.2% increase from the same period last year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.96%
Tags
earnings
-
News
Paymentus Partners With PropTech Leader MRI Software to Streamline Rental Property Utility Payments
Rhea-AI Summary
Paymentus Holdings Inc. announces integration with MRI Software to expand utility billing and payment capabilities for renters
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.14%
Tags
partnership
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News
Paymentus to Report Third Quarter 2023 Earnings Results and Host Webcast on November 6, 2023
Rhea-AI Summary
Paymentus Holdings to announce third quarter 2023 financial results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.96%
Tags
conferences earnings
News
Paymentus Patient Billing and Payments Solution Validated Through Oracle Health Developer Program
Rhea-AI Summary
Paymentus Solution Can Help Oracle Health Customers Simplify and Improve Billing and Payments Processes
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.28%
Tags
none
Stock PAY logo
Paymentus Holdings Inc

NYSE:PAY

PAY Rankings

#1705 Ranked by Market Cap
#551 Ranked by Stock Gains
N/A Ranked by Dividends

PAY Stock Data

2.49B
17.17M
9.73%
78.3%
0.82%
Data Processing, Hosting, and Related Services
Information
Link
United States
Charlotte

About PAY

recognized by deloitte as one of the fastest growing companies in north america, paymentus is a leading provider of comprehensive billing and payment solutions that offer billers the ability to send bills via all electronic channels (web, mobile, ivr), receive payments of all types (credit, debit, e-check), manage outbound customer communications, reconcile payments in real-time, and empower customers with an easy-to-use self-service portal.