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, 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.
Paymentus Holdings Inc. (NYSE: PAY) announced its participation at CS Week Conference 46, scheduled for May 4-5 in Phoenix, AZ. The event will feature presentations on key topics such as credit card payments in the field and payment platform replacement, showcasing how Paymentus enhances payment processes for utility providers. Notable speakers include leaders from ConEd and Puget Sound Energy. Paymentus aims to drive innovation through improved consumer digital payment experiences and will host a booth (#113) at the conference.
Paymentus Holdings, Inc. (NYSE: PAY) will announce its first quarter 2022 financial results on May 4, 2022, after market close. A live webcast is scheduled for 2 p.m. Pacific Time to discuss the results, accessible through the investor relations section of the Paymentus website. The company provides cloud-based bill payment solutions for over 1,700 billers and financial institutions in North America, recognized as a leading provider of electronic bill presentment and payment (EBPP) solutions.
Paymentus Holdings (NYSE: PAY) has been recognized as the only vendor with an overall best-in-class status in the Aite-Novarica Group's "2021 Aite Matrix: Biller Direct EBPP Solutions" report. This accolade is attributed to Paymentus' innovative Instant Payment Network® and exceptional customer service. The report highlights consumer demand for modern payment solutions and emphasizes Paymentus' leadership in client satisfaction, product features, and strategic partnership capabilities. CEO Dushyant Sharma noted that this recognition reflects the team's commitment to developing a frictionless billing and payment ecosystem.
Paymentus Holdings reported a strong performance in Q4 2021, with revenue of $108.1 million, marking a 31.2% increase year-over-year. Gross profit also rose 31% to $33.7 million, while contribution profit surged 36.3% to $45.3 million. The company processed 83.3 million transactions, a 53.7% increase from Q4 2020. For 2022, Paymentus expects revenue between $490 million and $495 million, reflecting 24% to 26% growth year-over-year. CEO Dushyant Sharma emphasized a strong outlook based on their growth strategy.
Paymentus Holdings (NYSE: PAY) will announce its fourth quarter and full year financial results after market close on February 16, 2022. A live webcast discussing these results will take place at 2 p.m. PT (5 p.m. ET) on the same day. Paymentus provides cloud-based bill payment technology solutions to over 1,400 billers in North America, offering a secure and flexible electronic payment experience via its proprietary Instant Payment Network.
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