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Paymentus Q2 Non-GAAP Earnings, Revenue Rise; 2024 Revenue Outlook Lifted
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Paymentus Q2 Non-GAAP Earnings, Revenue Rise; 2024 Revenue Outlook Lifted
Aug 8, 2024 2:41 PM

05:05 PM EDT, 08/08/2024 (MT Newswires) -- Paymentus Holdings ( PAY ) reported Q2 non-GAAP earnings late Thursday of $0.12 per diluted share, up from $0.08 a year earlier.

Analysts polled by Capital IQ expected $0.09.

Revenue for the quarter ended June 30 was $197.4 million, up from $148.9 million a year earlier.

Analysts surveyed by Capital IQ expected $175.3 million.

For Q3, the company said it expects revenue of $188 million to $193 million. Analysts polled by Capital IQ expect $181.7 million.

For 2024, Paymentus ( PAY ) said it now expects revenue of $770 million to $780 million, compared with the prior outlook of $737 million to $755 million. Analysts surveyed by Capital IQ expect $749.1 million.

Shares of Paymentus ( PAY ) were up 4% in after-hours trading.

Price: 20.30, Change: +0.79, Percent Change: +4.05

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