Paymentus Holdings

Paymentus Holdings, Inc. engages in the provision of cloud-based bill payment technology and solutions. Its products offer customers easy-to-use, flexible and secure electronic bill payment experiences powered by an omni-channel payment infrastructure that allows consumers to pay their bills using their preferred payment type and channel. The company was founded by Dushyant Sharma in 2004 and is headquartered in Charlotte, NC.

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Paymentus Holdings excels in Q4 2022, eyes revenue growth

Paymentus Holdings reported robust financial and strategic performance in Q4 2022, with revenue and contribution profit showing significant growth. Despite challenges related to pricing actions and inflation, the company is focused on managing expenses and driving revenue growth in 2023.

Paymentus Holdings (PAY) reports stellar Q1 results and eyes growth opportunities

Paymentus Holdings (PAY) delivered a strong Q1 performance, exceeding revenue and EBITDA expectations. The company's focus on client relationships, strategic partnerships, and backlog growth positions it well for future success. Addressing cash flow concerns and optimizing operations present opportunities for sustained profitability and growth.

Paymentus Holdings (PAY) reports strong Q2 earnings and growth opportunities

Paymentus Holdings (PAY) delivered robust financial results in Q2 2023, showcasing strong revenue growth, improved profitability, and enhanced guidance for the full year. The company's strategic focus on client onboarding, partnerships, and innovation positions it well for future success amidst a competitive landscape.

Paymentus Holdings (PAY) reports strong Q3 performance and raises full-year guidance

Paymentus Holdings delivered robust Q3 results, exceeding expectations and showcasing strong financial performance with a focus on sustainable growth.
Management's strategic guidance and ability to raise full-year outlook demonstrate confidence in the company's trajectory and long-term value creation.
While facing challenges such as margin expansion and seasonality impacts, Paymentus remains well-positioned to capitalize on opportunities for revenue growth and market expansion.

Paymentus Holdings reports strong Q4 results and optimistic 2024 guidance

Paymentus Holdings demonstrated robust financial performance in Q4 2023 and provided optimistic guidance for 2024, driven by strong backlog and client signings across verticals.
The company's strategic focus on automating payment workflows, collaborating with banks for real-time network value, and efficient cost management through operating leverage positions it well for future growth.
While facing challenges such as softening contribution profit margins and OpEx growth, Paymentus Holdings has opportunities to diversify, optimize expenses, and enhance profitability through strategic investments.

Paymentus excels in Q1 2024, poised for sustained growth

Paymentus delivered strong financial performance in Q1 2024, exceeding targets and showcasing operational excellence. With a focus on organic growth, efficient capital allocation, and innovative AI integration, the company is well-positioned for sustained success despite potential challenges in managing expenses and optimizing contribution profit.

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Paymentus Holdings, Inc. engages in the provision of cloud-based bill payment technology and solutions. Its products offer customers electronic bill payment experiences powered by an omni-channel payment infrastructure that allows consumers to pay their bills using their preferred payment type and channel. The company was founded by Dushyant Sharma in 2004 and is headquartered in Charlotte, NC.

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Paymentus (PAY) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

What Makes Paymentus (PAY) a New Strong Buy Stock

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CHARLOTTE, N.C.--(BUSINESS WIRE)--Paymentus Holdings, Inc. (“Paymentus”) (NYSE: PAY), a leading provider of cloud-based bill payment technology solutions, today announced that Dushyant Sharma, Chief Executive Officer, and Sanjay Kalra, Chief Financial Officer, are scheduled to participate in the following investor conferences: Raymond James TMT and Consumer Conference in New York on Tuesday, December 5th, where Mr. Sharma will participate in a fireside chat at 2:15 pm ET Wolfe Research 1st Annu.

Paymentus to Participate in Upcoming Investor Conferences in December 2023

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Paymentus (PAY) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Can Paymentus (PAY) Run Higher on Rising Earnings Estimates?

Paymentus Holdings, Inc. (NYSE:PAY ) Q3 2023 Earnings Conference Call November 6, 2023 5:00 PM ET Company Participants David Hanover - Investor Relations Dushyant Sharma - Founder and Chief Executive Officer Sanjay Kalra - Chief Financial Officer Conference Call Participants John Davis - Raymond James Dave Koning - Baird Will Nance - Goldman Sachs Rebecca Lu - Citigroup Matt O'Neill - FT Partners Operator Good day and welcome to Paymentus' Third Quarter 2023 Earnings Call. This call is being recorded.

Paymentus Holdings, Inc. (PAY) Q3 2023 Earnings Call Transcript

Paymentus noted in its latest earnings report that its instant payments network is gaining more adherents as wholesale business-to-business (B2B), healthcare and other firms seek to transform bill pay operations.   Earnings materials showed that revenues were up 18.9% to $152.4 million.

Paymentus Sees Growth Ahead for Its Instant Payments Ecosystem

CHARLOTTE, N.C.--(BUSINESS WIRE)--Paymentus Holdings, Inc. (“Paymentus”) (NYSE: PAY), a leading provider of cloud-based bill payment technology and solutions, today announced its unaudited financial results for the quarter ended September 30, 2023. “Paymentus reported exceptional results for the third quarter highlighted by strong growth in revenue, contribution profit and adjusted EBITDA with year-over-year increases of 18.9%, 20.3% and 93.9%, respectively. Demand and competitive differentiati.

Paymentus Reports Third Quarter 2023 Financial Results

Paymentus Holdings, Inc. is a cloud-based bill payment technology and solutions provider with a rock-solid balance sheet. This "Busted IPO" serves the small business community, is nicely profitable, and is delivering solid revenue growth. However, the company has seen some recent analyst firm downgrades despite better-than-expected Q2 results.

The Prognosis For Paymentus Holdings

Electronic billing platform provider Paymentus and real estate software solutions supplier MRI Software partnered to meet the growing demand for digital payment options. The collaboration aims to streamline rental property utility payments by expanding the utility billing and payment capabilities available to MRI clients, the companies said in a Monday (Oct. 23) press release.

Paymentus and MRI Software Partner on Payment Options for Renters

CHARLOTTE, N.C.--(BUSINESS WIRE)-- #billing--Paymentus Holdings Inc. (NYSE: PAY) today announced a new integration with MRI Software, a leading provider of real estate software solutions, to expand the utility billing and payment capabilities available to MRI clients. The partnership enables renters to receive, manage, and pay bills from national, regional, and local utility providers currently connected to the Paymentus Instant Payment Network®, or IPN, and features a host of expanded payment options. Th.

Paymentus Partners With PropTech Leader MRI Software to Streamline Rental Property Utility Payments

CHARLOTTE, N.C.--(BUSINESS WIRE)--Paymentus Holdings, Inc. (“Paymentus” or the “Company”) (NYSE: PAY), a leading provider of cloud-based bill payment technology solutions, will announce its third quarter 2023 financial results after the market close on Monday, November 6, 2023. The Company will discuss the results in a live webcast at 5 p.m. Eastern Time on November 6. Event: Paymentus Third Quarter 2023 Earnings Call Date: Monday, November 6, 2023 Time: 5:00 p.m. Eastern Time Live Call: +1 833.

Paymentus to Report Third Quarter 2023 Earnings Results and Host Webcast on November 6, 2023

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Wedbush analysts continue to see overall volume growth rates for payment stocks in the third quarter moderating on a year-over-year basis, while being relatively "flattish" quarter over quarter.  In a note to clients, they highlighted a number of relevant trends including consistent growth moderation in credit purchases as well as credit transactions, a likely reduction in large ticket (discretionary) item sales, continued declines in average ticket prices (credit cards); as well as moderating quarter over quarter growth in travel volumes.

Visa, Fiserv and other payment stocks have analysts playing defense

Paymentus Holdings stock retreated 4% Thursday (Oct. 5) after being downgraded to Neutral by Citi analyst Ashwin Shirvaikar. This downgrade was primarily driven by the stock's substantial gains this year, which have reached 79% year-to-date, Seeking Alpha reported Thursday.

Citi Analyst Downgrades Paymentus Holdings Due to Stock's Gains

Paymentus (PAY) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Paymentus (PAY) Moves 5.6% Higher: Will This Strength Last?

Paymentus announced the validation of its Paymentus Patient Billing and Payments stack through the Oracle Health developer program. This validation allows Paymentus to connect to the Oracle Health electronic health record (EHR) and supply healthcare providers with advanced billing, payment and disbursement capabilities, the companies said in a Wednesday (Sept.

Paymentus Integrates Billing and Payments Solutions With Oracle Health

CHARLOTTE, N.C.--(BUSINESS WIRE)-- #billing--Paymentus completes validation process for its Patient Billing and Payments System with Oracle Health electronic health record.

Paymentus Patient Billing and Payments Solution Validated Through Oracle Health Developer Program

Paymentus Holdings, Inc. (NYSE:PAY ) Q2 2023 Earnings Conference Call August 7, 2023 5:00 PM ET Company Participants David Hanover - Investor Relations Dushyant Sharma - Founder and Chief Executive Officer Sanjay Kalra - Senior Vice President and Chief Financial Officer Conference Call Participants David Koning - Baird Ashwin Shirvaikar - Citi John Davis - Raymond James Tien-Tsin Huang - JP Morgan Zachary Gunn - FT Partners Jason Kupferberg - Bank of America Operator Good day and welcome to Paymentus' Second Quarter 2023 Earnings Call. This call is being recorded and all participants are currently in a listen-only mode.

Paymentus Holdings, Inc. (PAY) Q2 2023 Earnings Call Transcript

Paymentus (PAY) came out with quarterly earnings of $0.08 per share, beating the Zacks Consensus Estimate of $0.01 per share. This compares to break-even earnings per share a year ago.

News for Paymentus Holdings Stock (PAY)