Bottomline Technologies (EPAY) Tops Q2 EPS by 2c, Revenues Beat

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Bottomline Technologies Reports Second Quarter Results

February 2, 2021 4:00 PM EST

PORTSMOUTH, N.H., Feb. 02, 2021 (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 second quarter ended December 31, 2020.

Subscription revenue was $93.4 million for the second quarter, up 11% as compared to the second quarter of last year. Subscription revenue was 81% of total revenues, up 6 percentage points from 75% a year prior.

Total revenues for the second quarter were $116.0 million. GAAP net loss for the second quarter was $4.6 million. GAAP net loss per share was... More