Bottomline Technologies (EPAY) Tops Q2 EPS by 1c

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Bottomline Technologies Reports Second Quarter Results

January 30, 2020 4:05 PM EST

PORTSMOUTH, N.H., Jan. 30, 2020 (GLOBE NEWSWIRE) -- Bottomline Technologies (Nasdaq: EPAY), a leading provider of financial technology that helps make complex business payments simple, smart and secure, today reported financial results for the second quarter ended December 31, 2019.

Subscription revenue was $84.1 million for the second quarter, up 18% on both a reported and constant currency basis as compared to the second quarter of last year. Subscription revenue was 75% of total revenues, up 7 percentage points from 68% a year prior. Total revenues for the second quarter were $111.7 million. 

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