Bottomline Technologies (EPAY) Tops Q2 EPS by 3c

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Bottomline Technologies Reports Second Quarter Results

January 28, 2016 4:06 PM EST

PORTSMOUTH, N.H., Jan. 28, 2016 (GLOBE NEWSWIRE) -- Bottomline Technologies (NASDAQ: EPAY), a leading provider of cloud-based payment, invoice and digital banking solutions, today reported financial results for the second quarter ended December 31, 2015.

Subscription and transaction revenues, which are primarily related to the companys cloud platforms, increased 15% on a constant currency basis from the second quarter of last year to $48.6 million.  Revenues overall for the second quarter were $86.0 million, an increase of $3.8 million, or 7% on a constant currency basis, from the second quarter of last year. 

Gross margin for the second quarter was... More