Welcome to our dedicated page for Paymentus Holdings news (Ticker: PAY), a resource for investors and traders seeking the latest updates and insights on Paymentus Holdings stock.
Paymentus Holdings Inc (PAY) delivers innovative electronic bill presentment and payment solutions through its secure SaaS platform. This news hub provides investors and industry professionals with essential updates about the company's financial developments, technological advancements, and market positioning.
Access official press releases and curated analysis covering earnings reports, strategic partnerships, product enhancements, and regulatory compliance matters. Our collection ensures timely access to material information affecting PAY's role in the fintech sector, including updates on omni-channel payment processing capabilities.
Key focus areas include platform security improvements, expansion of supported payment methods (credit cards, eChecks, digital wallets), and integration with enterprise financial systems. Track developments in real-time payment processing and customer communication tools that define PAY's competitive edge.
Bookmark this page for streamlined monitoring of Paymentus' progress in modernizing billing infrastructure across utilities, financial institutions, and government agencies. Verify critical updates through primary source documentation while maintaining perspective on industry trends shaping electronic payments.
Paymentus Holdings (NYSE: PAY) has expanded its Cash Bill Pay capabilities by partnering with Green Dot Corporation (NYSE: GDOT). This collaboration allows cash payments at over 90,000 retail locations across the U.S., significantly enhancing access for underbanked and unbanked consumers. Currently, more than 18.7 million U.S. households are underbanked, with an additional 5.8 million unbanked. The new service facilitates quick and secure bill payments, supporting the growth of cash transactions, which account for 20% of all payments. This aligns with Paymentus' goal of providing accessible payment solutions.
Paymentus Holdings, Inc. (NYSE: PAY) will participate in the Raymond James 2022 Technology Investors Conference on December 6 at 2:50 pm ET. This leading provider of cloud-based bill payment solutions serves over 1,700 billers and financial institutions in North America. Paymentus has been recognized as the top EBPP provider by Aite-Novarica in February 2022. A live webcast will be available on their investor relations website for those interested in the event.
Paymentus Holdings, Inc. (NYSE: PAY) reported strong third-quarter results for 2022, with transactions increasing by 30.6% year-over-year. Revenue reached $128.2 million, up 26.0% from the previous year, while gross profit rose to $37.9 million, a 21.5% increase. Contribution profit also increased by 25.8% to $51.1 million. Despite a net loss of $737 thousand, non-GAAP net income was $1.8 million. The company aims to continue expanding its adjusted EBITDA margin, which improved to 15.7% this quarter, up from 13.6% in Q3 2021.
Paymentus Holdings, Inc. (NYSE: PAY) will release its third quarter 2022 financial results on November 9, 2022, after market close. A live webcast to discuss the results will be held at 2 p.m. Pacific Time (5 p.m. Eastern Time) on the same day. Paymentus, a provider of cloud-based bill payment technology, serves over 1,700 billers and financial institutions in North America. The company was recognized as a leader in EBPP solutions in February 2022 by Aite-Novarica, enhancing its credibility in the sector.
Paymentus Holdings (NYSE: PAY) has certified its real-time posting integration with Epic MyChart, enhancing healthcare payment functionalities for over 150 million patients. This upgrade allows patients to view payment due dates and complete transactions within the MyChart portal while offering expanded options like PayPal Credit and flexible payment plans. The integration aims to simplify bill payments, reduce missed payments, and improve revenue flow for healthcare providers, ultimately fostering a better patient experience.
Paymentus Holdings, Inc. (NYSE: PAY) reported strong financial results for Q2 2022, with revenue rising 28% year-over-year to $120 million. Transaction volume surged 39%, processing 89.5 million transactions. Gross profit increased by 24% to $35.8 million, while contribution profit saw a 30% rise to $48.7 million. Despite a net loss of $2.5 million, the company anticipates a full-year revenue growth of 25% to 27%, projecting total revenues between $485 million and $492 million for 2022. Adjusted EBITDA is expected to be between $25 million and $28.5 million.
Paymentus Holdings, Inc. (NYSE: PAY) will announce its second quarter 2022 financial results after the market closes on August 3, 2022, earlier than previously scheduled due to a conflict with the webcast service provider. A live webcast to discuss the results will take place at 2 p.m. PT (5 p.m. ET) on the same day. Paymentus provides cloud-based bill payment technology and was recognized as a best-in-class EBPP provider in February 2022, serving over 1,700 billers and financial institutions across North America.
Paymentus Holdings (NYSE: PAY) will announce its Q2 2022 financial results on August 4, 2022, after market close. A live webcast of the discussion will take place at 2 p.m. PT (5 p.m. ET) the same day. Paymentus is recognized as a leading provider of cloud-based bill payment technology solutions, serving over 1,700 billers and financial institutions in North America. The company was recently named the best-in-class provider of EBPP solutions by Aite-Novarica in February 2022.
Paymentus Holdings, Inc. (NYSE: PAY) announced participation in upcoming investor conferences. Management will speak at the J.P. Morgan 2022 Global Technology, Media and Communications Conference on May 25 at 1:50 pm ET and the Baird 2022 Global Consumer Technology and Services Conference on June 7 at 4:20 pm ET. Live webcasts and replays can be accessed through Paymentus’ investor relations website. Paymentus specializes in cloud-based bill payment solutions, serving over 1,700 billers across North America.
Paymentus Holdings reported a strong first quarter for 2022, with transactions increasing by 41% year-over-year and revenue rising by 27% to $116.7 million. Gross profit also grew by 27% to $34.9 million, while contribution profit saw a significant 35% increase to $47.4 million. The company signed approximately 50% more new clients compared to the previous year. For 2022, Paymentus raised its contribution profit outlook, anticipating growth of 30-31% and a revenue forecast between $492 million and $497 million.
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