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.
Summary not available.
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.
Paymentus (NYSE: PAY) has been selected by Citizens Financial Group to offer electronic bill payment and money services for its digital-first retail banking customers. The partnership will utilize Paymentus Bill Center and Paymentus Loan Payments, powered by the Instant Payment Network (IPN). This solution aims to enhance customer experience by providing comprehensive payment options and immediate confirmation. As consumer demand for real-time payments rises, with 89% of consumers seeking more options, this collaboration positions Citizens to meet these expectations effectively, enhancing its digital banking offerings.
Paymentus Holdings, Inc. (NYSE: PAY) will report its fourth quarter and full year 2022 financial results on February 23, 2023, after market close. A live webcast to discuss these results will take place at 5 p.m. ET on the same day. Paymentus supports over 1,700 billers and financial institutions with its cloud-based bill payment technology solutions. The company was recognized as an industry leader in EBPP solutions by Aite-Novarica in February 2022. Investors can access the webcast through the company’s investor relations page, with a replay available for one year.
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.