Bottomline Technologies (EPAY) Tops Q1 EPS by 4c

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Bottomline Technologies Reports First Quarter Results

November 5, 2020 4:00 PM EST

PORTSMOUTH, N.H., Nov. 05, 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 first quarter ended September 30, 2020.

Subscription revenue was $90.4 million for the first quarter, up 13% as compared to the first quarter of last year.  Subscription revenue was 80% of total revenues, up 6 percentage points from 74% a year prior. 

Total revenues for the first quarter were $112.4 million. GAAP net income for the first quarter was $0.4 million. GAAP net income per share was $0.01 in the... More