Bottomline Technologies (EPAY) Tops Q2 EPS by 2c, Revenues Beat
- Wall Street rebounds after two-day decline; Netflix slides
- Netflix (NFLX) Plunges Following Q1 Sub Miss, But One Analyst Sees Chance to Turn Bullish
- Oil prices drop 2% on U.S. crude build, COVID-19 surge in India
- Intuitive Surgical (ISRG) Q1 Beat Prompts Two Street Upgrades
- U.S. dollar losses bounce after Canada tips toward higher rates
Get inside Wall Street with StreetInsider Premium. Claim your 1-week free trial here.
Bottomline Technologies (NASDAQ: EPAY) reported Q2 EPS of $0.30, $0.02 better than the analyst estimate of $0.28. Revenue for the quarter came in at $116 million versus the consensus estimate of $113.74 million.
“Bottomline delivered solid results in the second quarter. With an increase in transaction volumes we expect strong subscription growth in Q3 and Q4 which will put us on track for subscription revenue growth at or near our target 15-20% range in FY21” said Rob Eberle, CEO. “Strategically we made significant advancements in our product set during Q2, particularly our payments and cash life cycle platform. We are confident in our strategic plan and our ability to execute against that plan. Our focus on market leadership and subscription revenue growth positions us to drive sustained shareholder value.”
For earnings history and earnings-related data on Bottomline Technologies (EPAY) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Plexus Corp (PLXS) Tops Q2 EPS by 17c; Initiates 3Q EPS/Revenues Guidance
- RLI Corp. (RLI) Tops Q1 EPS by 22c, Revenues Beat
- Netgear, Inc. (NTGR) Tops Q1 EPS by 33c
Create E-mail Alert Related CategoriesCorporate News, Earnings, Management Comments
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!