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.

Paymentus Holdings excels in Q3, poised for sustained growth

Paymentus Holdings' Q3 2024 performance reflects exceptional growth, operational efficiency, and strategic execution, surpassing targets and enhancing financial stability.
The company's strategic focus on market share, revenue optimization, and scalability positions it well for sustained growth and competitive advantage.
While challenges in maintaining momentum and optimizing cost structures exist, Paymentus has opportunities to capitalize on market trends, drive innovation, and achieve long-term success.

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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.

Fiserv

Visa

Fidelity National Information

Global Payments

Marqeta

Block

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.

Paymentus (PAY) Q2 Earnings and Revenues Beat Estimates

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 second quarter ended June 30, 2023. "We are pleased to report another quarter of excellent results, with revenue up 24.1%, contribution profit up 22.3% and adjusted EBITDA up 183.8% year-over-year. Paymentus generated robust bookings during the quarter resulting in a solid backlog at.

Paymentus Reports Second Quarter 2023 Financial Results

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, will participate in the 8th Annual Wells Fargo FinTech, Information & Business Services Forum at the Newport Harbor Island Resort in Rhode Island on Thursday, August 10th. Management will host investor meetings throughout the day. Ple.

Paymentus to Participate in the 8th Annual Wells Fargo FinTech, Information & Business Services Forum

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 second quarter 2023 financial results after the market close on Monday, August 7, 2023. The Company will discuss the results in a live webcast at 2 p.m. Pacific Time (5 p.m. Eastern Time) on August 7. Event:   Paymentus Second Quarter 2023 Earnings Call Date:   Monday, August 7, 2023 Time:   2:00 p.m. Pacifi.

Paymentus to Report Second Quarter 2023 Earnings Results and Host Webcast on August 7, 2023

Paymentus' recent management comments on growth visibility and backlog expansion have strengthened my conviction that FY23 guidance is achievable. The next catalyst to stock performance should be PAY regaining its rule of 40 status. At the current valuation, PAY is trading at a discount to peers, which makes my modelled upside look conservative as I assume no change in multiples.

Paymentus: Stock Remains A Long As It Continues To Perform

Murphy USA

CAJPY, PAY and MUSA made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on June 2, 2023.

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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.

Paymentus (PAY) Moves to Strong Buy: Rationale Behind the Upgrade

Paymentus serves billers of all sizes in different industry verticals, such as utilities, financial services, insurance, government, and telecommunications. Paymentus didn't only report an increase in the revenue guidance, management also reported an increase in the number of transactions processed and a new relationship agreement with Oracle.

Paymentus: Beneficial Guidance And More Partnership Agreements Imply Undervaluation

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SAN MATEO, Calif. & REDMOND, Wash.--(BUSINESS WIRE)-- #Guidewire--Guidewire and Paymentus announced Paymentus' new Ready for Guidewire accelerator is now available in the Guidewire Marketplace.

Modernize Insurance Payments with Paymentus' New Guidewire Marketplace App

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, will participate in the J.P. Morgan 2023 Global Technology, Media and Communications Conference. Mr. Sharma will participate in a fireside chat on Wednesday, May 24th at 12:40 pm ET. Live webcasts and replays will be available on Paymentu.

Paymentus to Participate in the J.P. Morgan 51st Annual Global Technology, Media and Communications Conference

Paymentus Holdings, Inc. (NYSE:PAY ) Q1 2023 Earnings Conference Call May 8, 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 Andrew Estes - Wolfe Research Tien-Tsin Huang - JPMorgan Will Nance - Goldman Sachs Operator Good day and welcome to Paymentus' First Quarter 2023 Earnings Call. This call is being recorded.

Paymentus Holdings, Inc. (PAY) Q1 2023 Earnings Call Transcript

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 first quarter of 2023. "Paymentus delivered another strong quarter, with revenue up 27.1% year over year and Adjusted EBITDA up 56.4% year-over-year. Robust bookings resulted in a solid backlog at quarter end, which we believe demonstrates continuing competitive market momentum and growt.

Paymentus Reports First Quarter 2023 Financial Results

Oracle

Paymentus Holdings and Oracle are offering new billing and payments tools for energy and water sector utilities.

Paymentus and Oracle Add Billing and Payments Tools for Utilities

REDMOND, Wash.--(BUSINESS WIRE)-- #billing--Paymentus Holdings Inc. (NYSE: PAY), an Oracle PartnerNetwork (OPN) member, and Oracle continue to collaborate to provide energy and water sector utilities with a wide range of flexible, trusted billing and payments services. The partners recently completed extensive testing to fully validate the integration of the Paymentus Instant Payment Network (IPN) and electronic bill presentment and payment platform (EBPP) across Oracle Energy and Water's suite of automat.

Paymentus and Oracle Partner for Integrated Billing and 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 first quarter 2023 financial results after the market close on Monday, May 8, 2023. The Company will discuss the results in a live webcast at 2 p.m. Pacific Time (5 p.m. Eastern Time) on May 8. Event: Paymentus First Quarter 2023 Earnings Call Date: Monday, May 8, 2023 Time: 2:00 p.m. Pacific Time / 5:00 p.m.

Paymentus to Report First Quarter 2023 Earnings Results and Host Webcast on May 8, 2023

CHARLOTTE, N.C.--(BUSINESS WIRE)--Paymentus Holdings, Inc. (“Paymentus”) (NYSE: PAY), a leading provider of cloud-based bill payment technology solutions, today announced that members of the Company's management team are scheduled to participate in the Wolfe Research FinTech Forum on March 14, 2023 at 9:25 am EST. A live webcast and replay will be available on Paymentus' investor relations website at ir.paymentus.com.

Paymentus to Participate in Upcoming Investor Conference

Paymentus Holdings, Inc. (NYSE:PAY ) Q4 2022 Earnings Conference Call February 23, 2023 5:00 PM ET Company Participants Paul Seamon - Interim Chief Financial Officer Dushyant Sharma - Founder and CEO Conference Call Participants Ashwin Shirvaikar - Citi Lamar Clark - SMBC Tien Huang - JPMorgan Operator Good day. And welcome to Paymentus Fourth Quarter 2022 Earnings Call.

News for Paymentus Holdings Stock (PAY)