Bottomline Technologies (EPAY) Tops Q1 EPS by 3c

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Bottomline Technologies Reports First Quarter Results

October 29, 2015 4:01 PM EDT

PORTSMOUTH, N.H., Oct. 29, 2015 (GLOBE NEWSWIRE) -- Bottomline Technologies (NASDAQ: EPAY), a leading provider of cloud-based payment, invoice and digital banking solutions, today reported financial results for the first quarter ended September 30, 2015.

Subscription and transaction revenues, which are primarily related to the companys cloud platforms, increased 15% on a constant currency basis from the first quarter of last year to $46.2 million.  Revenues overall for the first quarter were $82.9 million, an increase of $1.5 million, or 5% on a constant currency basis, from the first quarter of last year. 

Gross margin for the first quarter was... More