Paymentus (PAY) shares ended the last trading session 8.3% higher at $25.49. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 7.8% gain over the past four weeks. Paymentus is benefiting from strong demand for its advanced payment platform, and successful onboarding of large enterprise clients across various sectors. This electronic bill payment services is expected to post quarterly earnings of $0.10 per share in it ...

Paymentus Holdings, Inc. (PAY, Financial) experienced a significant stock price decrease of 5.00%. The stock is currently trading at $19.78 per share, with a volume of 99,361 shares and a turnover rate of 0.08%. The price fluctuation amplitude is 4.80%. Recent financial reports reveal Paymentus achieved $197 million in revenue, with a net profit of $9.36 million, translating to an earnings per share of $0.08. The gross profit stood at $54.98 million, and the price-to-earnings ratio is noted at 76.23 times. ...

For those looking to find strong Business Services stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Paymentus (PAY) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Business Services peers, we might be able to answer that question. Paymentus is one of 317 individual stocks in the Business Services sector. Collectively, these companies sit at #7 in the Zacks Sector Rank. The Zacks Sector Rank ga ...

Investors interested in Business Services stocks should always be looking to find the best-performing companies in the group. Has Paymentus (PAY) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out. Paymentus is a member of our Business Services group, which includes 316 different companies and currently sits at #6 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stoc ...

Paymentus Holdings, Inc. (NYSE:PAY) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET Company Participants David Hanover - Investor Relations Dushyant Sharma - Founder and CEO Sanjay Kalra - SVP and CFO Conference Call Participants David Koning - Baird Will Nance - Goldman Sachs Darrin Peller - Wolfe Research Andrew Bauch - Wells Fargo John Davis - Raymond James Andrew Polkowitz - JPMorgan Matthew O’Neill - FT Partners Operator Good day, and welcome to the Second Quarter 2024 Paymentus Earnings Con ...

| --- | --- | --- | --- | --- | --- | |-----------------------------------------|---------------------|-------|-------|-------|-------| | | | | | | | | | | | | | | | EARNINGS CONFERENCE CALL August 8, 2024 | SECOND QUARTER 2024 | | | | | | DUSHYANT SHARMA President & CEO | SANJAY KALRA CFO | | | | | EARNINGS REPORT DISCLAIMER This presentation and the accompanying webcast contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All such statements, other ...

Paymentus (PAY) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.08 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 33.33%. A quarter ago, it was expected that this electronic bill payment services would post earnings of $0.08 per share when it actually produced earnings of $0.10, delivering a surprise of 25%. Over the last four quarte ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-40429 | --- | --- | --- | |------------------------------------------------------------------------------------------------------- ...

Paymentus Paymentus Reports Second Quarter 2024 Financial Results Revenue up 32.6% year-over-year Adjusted EBITDA up 58.6% year-over-year, reflecting a 29.5% adjusted EBITDA margin CHARLOTTE, North Carolina, August 8, 2024 -- 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 June 30, 2024. "The second quarter marked another exceptional period for Paymentus where re ...

I am positive on Paymentus (NYSE:PAY). My summarized thesis is that PAY offers a solution that disrupts a large market, and with just less than 3% market share today, the growth runway is extremely long. The strong value proposition of a modern payment platform to billers and consumer demand for flexible payments should continue to drive adoption of PAY. PAY competes in a massive market that enables it to continue growing for a very long time. Based on Datos Insights (source: PAY investor presentation in Ap ...