Paymentus Holdings, Inc. Q3 Profit Increases, Beats Estimates

(RTTNews) - Paymentus Holdings, Inc. (PAY) reported earnings for its third quarter that Increased from last year and beat the Street estimates.

The company's bottom line totaled $17.74 million, or $0.14 per share. This compares with $14.43 million, or $0.11 per share, last year.

Excluding items, Paymentus Holdings, Inc. reported adjusted earnings of $22.57 million or $0.17 per share for the period.

Analysts on average had expected the company to earn $0.15 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 34.2% to $310.73 million from $231.57 million last year.

Paymentus Holdings, Inc. earnings at a glance (GAAP) :

-Earnings: $17.74 Mln. vs. $14.43 Mln. last year. -EPS: $0.14 vs. $0.11 last year. -Revenue: $310.73 Mln vs. $231.57 Mln last year.

-Guidance: Next quarter revenue guidance: $307 - $312 Mln Full year revenue guidance: $1,173 - $1.178 Mln