Bottomline Technologies Reports Fourth Quarter Results

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Go back to Bottomline Technologies Reports Fourth Quarter Results

Bottomline Technologies (EPAY) PT Raised to $33 at Needham & Company Following Solid 4Q

August 11, 2017 8:26 AM EDT

Needham & Company raised its price target on Bottomline Technologies (NASDAQ: EPAY) to $33.00 (from $31.00) while maintaining a Buy rating following the company's 4Q. Total revenue of $93.5 million was up 6.1% Y/Y, above consensus estimates of $91.0 million. EPAY delivered adjusted EBITDA of $20.8 million, above $19.7 million consensus,... More