Bottomline Technologies (EPAY) Tops Q3 EPS by 2c

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Bottomline Technologies Reports Third Quarter Results

May 4, 2021 4:02 PM EDT

PORTSMOUTH, N.H., May 04, 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 third quarter ended March 31, 2021.

Subscription revenue was $99.9 million for the third quarter, up 14% as compared to the third quarter of last year. Subscription revenue was 83% of total revenues, up 5 percentage points from 78% a year prior.

Total revenues for the third quarter were $120.9 million. GAAP net loss for the third quarter was $4.8 million. GAAP net loss per share... More