Paymentus Holdings Inc. (PAY) Tops Q2 EPS by 7c
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Paymentus Reports Second Quarter 2023 Financial Results
August 7, 2023 4:05 PM EDT
Quarterly revenue increased 24.1% year-over-year
Adjusted EBITDA rose 183.8% year-over-year
CHARLOTTE, N.C.--(BUSINESS WIRE)-- Paymentus Holdings, Inc. (Paymentus) (NYSE: PAY), a leading provider of cloud-based bill payment technology and solutions, today announced its unaudited financial results for the second quarter ended June 30, 2023.
"We are pleased to report another quarter of excellent results, with revenue up 24.1%, contribution profit up 22.3% and adjusted EBITDA up 183.8% year-over-year. Paymentus generated robust bookings during the quarter resulting in a solid backlog at quarter end. We believe this provides us good visibility going... More
