Bottomline Technologies (EPAY) Tops Q3 EPS by 1c

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Go back to Bottomline Technologies (EPAY) Tops Q3 EPS by 1c

Bottomline Technologies Reports Third Quarter Results

April 27, 2017 4:06 PM EDT

PORTSMOUTH, N.H., April 27, 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 third quarter ended March 31, 2017.

Subscription and transaction revenues, which are primarily related to the companys cloud platforms, increased 13% as compared to the third quarter of last year to $55.9 million, or 16% on a constant currency basis, which is calculated as discussed in the Non-GAAP Financial Measures section that follows.  Revenues overall for the third quarter were $86.1 million.

GAAP net... More