Paymentus Holdings Q4 2023 Adj EPS $0.110 Beats $0.070 Estimate, Sales $164.800M Beat $157.416M Estimate
Portfolio Pulse from Benzinga Newsdesk
Paymentus Holdings (PAY) reported Q4 2023 adjusted EPS of $0.110, surpassing the $0.070 estimate, with sales of $164.800M exceeding the $157.416M forecast. This represents a 24.68% increase in sales compared to the same period last year.
March 04, 2024 | 9:05 pm
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Paymentus Holdings reported a significant beat on both EPS and sales estimates for Q4 2023, with a notable year-over-year sales growth.
The substantial beat on both earnings per share and sales estimates, coupled with a significant year-over-year sales increase, is likely to be viewed positively by investors. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100