Paymentus Holdings Inc. (PAY) Tops Q4 EPS by 5c, Beats on Revenue; Offers FY24 Revenue Guidance

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Paymentus (PAY) shoots up 27% on strong Q4 EBITDA and upbeat guidance

March 5, 2024 3:14 PM EST

Shares of Paymentus (NYSE: PAY) surged 27% on Tuesday, a day after the cloud-based bill payment technology provider reported better-than-expected Q4 results and issued robust guidance for full-year EBITDA.

The company reported earnings per share (EPS) of $0.11, surpassing analysts' predictions of $0.06. Revenue came in at $164.8 million,... More