Bottomline Technologies (EPAY) Tops Q2 EPS by 8c

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Go back to Bottomline Technologies (EPAY) Tops Q2 EPS by 8c

Bottomline Technologies Reports Second Quarter Results

February 1, 2017 4:05 PM EST

PORTSMOUTH, N.H., Feb. 01, 2017 (GLOBE NEWSWIRE) -- Bottomline Technologies (NASDAQ: EPAY), a leading provider of financial technology which helps businesses pay and get paid, today reported financial results for the fiscal second quarter ended December 31, 2016.

Subscription and transaction revenues, which are primarily related to the companys cloud platforms, increased 14% as compared to the second quarter of last year to $55.6 million, or 19% on a constant currency basis, which is calculated as discussed in the Non-GAAP Financial Measures section that follows.  Revenues overall for the second quarter were $86.7 million.

GAAP net loss for the... More