Bottomline Technologies (EPAY) Tops Q1 EPS by 3c

Bottomline Technologies (NASDAQ: EPAY) reported Q1 EPS of $0.22, $0.03 better than the analyst estimate of $0.19. Revenue for the quarter came in at $83.1 million versus the consensus estimate of $84.38 million.

“Our results in Q1 were a solid step forward and a good start to the fiscal year.” said Rob Eberle, President and CEO of Bottomline Technologies. “Subscription and transaction revenue growth, adjusted EBITDA and core EPS all reflect disciplined execution against our plan. Strategically, we entered into an important new relationship with Mastercard which further validates our status as a leader in business payments. Our continued growth in subscription and transaction revenue gives us visibility to future recurring revenues and confidence that our strategic plan will drive increased shareholder value.”

For earnings history and earnings-related data on Bottomline Technologies (EPAY) click here.

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