Paymentus Holdings Q1 2024 Adj EPS $0.07, Inline, Sales $184.875M Beat $173.036M Estimate
Portfolio Pulse from Benzinga Newsdesk
Paymentus Holdings (NYSE:PAY) reported Q1 2024 earnings of $0.07 per share, meeting analyst estimates and marking a 250% increase from last year. Sales reached $184.875M, beating estimates by 6.84% and showing a 24.64% increase from the previous year.
May 06, 2024 | 8:45 pm
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Paymentus Holdings reported a strong Q1 2024 with EPS of $0.07, in line with estimates, and sales of $184.875M, exceeding expectations.
The positive earnings report, with both earnings per share and sales exceeding analyst expectations, indicates strong financial health and operational efficiency. The significant year-over-year growth in earnings and sales is likely to instill investor confidence, potentially leading to a short-term positive impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100