05:21 PM EDT, 05/05/2025 (MT Newswires) -- Paymentus Holdings ( PAY ) reported Q1 non-GAAP net income late Monday of $0.14 per diluted share, up from $0.09 a year ago.

Analysts polled by FactSet expected $0.13.

Revenue for the quarter ended March 31 was $275.2 million, up from $184.9 million a year earlier.

Analysts expected $251 million.

For Q2, the company is projecting revenue of $255 million to $260 million. Analysts were looking for $254.7 million.

For 2025, the company is projecting revenue of $1.08 billion to $1.09 billion. Analysts were looking for $1.07 billion.