Bottomline Technologies (EPAY) Tops Q3 EPS by 5c

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Bottomline Technologies Reports Third Quarter Results

May 3, 2018 4:05 PM EDT

PORTSMOUTH, N.H., May 03, 2018 (GLOBE NEWSWIRE) -- Bottomline Technologies (NASDAQ: EPAY), a leading provider of financial technology that helps make business payments simple, smart and secure, today reported financial results for the third quarter ended March 31, 2018.

Subscription and transaction revenues, which are primarily related to the companys cloud platforms, were $67.4 million for the third quarter, up 21% as compared to the third quarter of last year.  Revenues overall for the third quarter were $101.1 million, up 17% as compared to the third quarter of last year. 

GAAP net loss for the third quarter was $1.0... More