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. (NYSE: PAY) is a provider of cloud-based bill payment technology and solutions for billers and financial institutions, and this news page compiles its latest corporate and financial announcements. The company describes its business as delivering electronic bill presentment and payment services, enterprise customer communication, and self-service revenue management through a Software-as-a-Service, omni-channel platform.
News releases from Paymentus frequently highlight quarterly financial results, including revenue, gross profit, contribution profit, adjusted EBITDA, and transactions processed. These earnings updates also provide definitions of non-GAAP metrics such as adjusted gross profit, contribution profit, non-GAAP net income, non-GAAP earnings per share, adjusted EBITDA, adjusted EBITDA margin, non-GAAP operating expense, and free cash flow, along with reconciliations to GAAP results.
Investors can also find corporate news related to Paymentus’ participation in technology, fintech, and small and mid-cap investor conferences hosted by firms such as J.P. Morgan, Baird, Wolfe Research, and others. These announcements typically note when the Chief Executive Officer and Chief Financial Officer will appear in fireside chats or investor meetings, and when live webcasts and replays will be available through the company’s investor relations channels.
In addition, Paymentus uses news releases to announce the timing of upcoming earnings conference calls and webcasts, specifying dates, times, and access details. Together, these items provide a view into the company’s operating performance, transaction trends, and ongoing dialogue with the investment community. Readers interested in PAY stock can use this page to review historical and recent developments directly from the company’s own disclosures.
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Paymentus Holdings, Inc. (NYSE: PAY) will announce its first quarter 2023 financial results on May 8, 2023, after market close. A live webcast is scheduled for 2 p.m. Pacific Time (5 p.m. Eastern Time) on the same day. Investors can access the call via a toll-free number or through the company's website, where a replay will be available for one year. Paymentus provides cloud-based bill payment technology solutions, serving over 1,900 billers across North America. Recognized as a top provider of EBPP solutions by Aite-Novarica in February 2022, the company aims to deliver flexible and secure electronic bill payment experiences through its proprietary Instant Payment Network™.
Paymentus Holdings, Inc. (NYSE: PAY) announced its management team's participation in the Wolfe Research FinTech Forum on March 14, 2023, at 9:25 am EST. A live webcast and replay will be available on their investor relations website.
Paymentus is a leading provider of cloud-based bill payment technology with over 1,700 clients in North America. Recognized as a top provider of EBPP solutions by Aite-Novarica in February 2022, their platform enhances consumer experiences through a secure and flexible payment process, utilizing the proprietary Instant Payment Network™ for integrated billing and payment solutions.
Paymentus Holdings, Inc. (NYSE: PAY) reported robust fourth-quarter results for the year ending December 31, 2022, with revenue reaching $132.2 million, a 22.2% increase year-over-year. Gross profit rose 21.9% to $41.1 million, while contribution profit grew 19.4% to $54.1 million. The company achieved an adjusted EBITDA of $10.2 million, reflecting an 18.9% margin. For full-year 2022, total revenue was $497.0 million, up 25.7%, with net income at $1.0 million.
Business highlights include signing a contract with Citizens Financial Group and launching a new small business product.