Bottomline Technologies (EPAY) Tops Q4 EPS by 1c

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Bottomline Technologies Reports Fourth Quarter Results

August 6, 2020 4:05 PM EDT

PORTSMOUTH, N.H., Aug. 06, 2020 (GLOBE NEWSWIRE) -- Bottomline Technologies (Nasdaq: EPAY), a leading provider of financial technology that makes complex business payments simple, smart and secure, today reported financial results for the fourth quarter and fiscal year ended June 30, 2020.

Subscription revenue was $87.7 million for the fourth quarter, up 11%, or 12% on a constant currency basis, as compared to the fourth quarter of last year.  Subscription revenue was 79% of total revenues, up 6 percentage points from 73% a year prior. 

Total revenues for the fourth quarter were $110.6 million. GAAP net loss for the fourth quarter... More