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Paymentus Q3 Non-GAAP EPS, Revenue Rise; 2024 Guidance Raised -- Shares Jump After Hours
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Paymentus Q3 Non-GAAP EPS, Revenue Rise; 2024 Guidance Raised -- Shares Jump After Hours
Nov 12, 2024 10:15 PM

05:41 PM EST, 11/12/2024 (MT Newswires) -- Paymentus Holdings ( PAY ) reported Q3 non-GAAP earnings late Tuesday of $0.15 per diluted share, up from $0.09 a year earlier.

Analysts polled by Capital IQ expected EPS of $0.09 normalized.

Revenue for the quarter ended Sept. 30 was $231.6 million, up from $152.4 million a year earlier. Analysts surveyed by Capital IQ expected $190.6 million.

For Q4, the company expects revenue ranging from $215 million to $220 million. Analysts project $203.6 million.

For full year 2024, Paymentus ( PAY ) now anticipated revenue of between $829 million and $834 million. It previously expected $770 million to $780 million. Analysts are looking for $776.5 million.

Shares of Paymentus Holdings ( PAY ) were up nearly 26% in after-hours activity.

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