PAY Stock Recent News

CHARLOTTE, N.C.--(BUSINESS WIRE)--Paymentus Holdings, Inc. (“Paymentus”) (NYSE: PAY), a leading provider of cloud-based bill payment technology solutions, today announced that Dushyant Sharma, Chief Executive Officer, and Sanjay Kalra, Chief Financial Officer, are scheduled to participate in the following investor conferences: Oppenheimer Virtual Technology, Internet & Communications Conference on Wednesday, August 14th, where Mr. Sharma and Mr. Kalra will participate in a fireside chat at.

Paymentus (PAY) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.08 per share a year ago.

PAY disrupts a large market, and it currently has less than 3% market share, indicating a long growth runway. The company's Instant Payment Network (IPN) connects billers and consumers. PAY leverages its strategic partners to acquire customers.

Paymentus Holdings, Inc. (NYSE:PAY ) Q1 2024 Earnings Conference Call May 6, 2024 5:00 PM ET Company Participants David Hanover - Investor Relations Dushyant Sharma - Founder and Chief Executive Officer Sanjay Kalra - Chief Financial Officer Conference Call Participants John Davis - Raymond James Dave Koning - Baird Darrin Peller - Wolfe Research Will Nance - Goldman Sachs Tien-Tsin Huang - JPMorgan Andrew Bauch - Wells Fargo Zachary Gunn - FT Partners Operator Good day, and welcome to First Quarter 2024 Paymentus' Earnings Conference Call. This call is being recorded.

Paying bills is rarely fun. And it's not just that — paying bills is also rarely easy, especially as a business.

Paymentus (PAY) came out with quarterly earnings of $0.10 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.02 per share a year ago.

Paymentus is a bill payment technology company that focuses on non-discretionary target verticals. Despite lackluster performance since its IPO, PAY stock has appreciated by 145% in the past year. The company has a solid and predictable business that is benefiting from secular growth opportunities in the digital bill payment market.

Here is how Paymentus (PAY) and Parsons (PSN) have performed compared to their sector so far this year.

Paymentus (PAY) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

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