PAY Stock Recent News

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.

Paymentus Holdings, Inc. (NYSE:PAY ) Q4 2023 Earnings Conference Call March 4, 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 Madison Suhr – Raymond James Dave Koning – Baird Will Nance – Goldman Sachs Darrin Peller – Wolfe research Andrew Bauch – Wells Fargo Tien-Tsin Huang – JPMorgan Rebecca Lu – Citi Operator Good day, and welcome to Fourth Quarter and Full Year 2023 Paymentus' Earnings Conference Call. This call is being recorded.

Paymentus (PAY) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.02 per share a year ago.

Property managers can now access Paymentus' electronic billing and payment solution through the Yardi Voyager platform. This ability follows Yardi's designation of Paymentus as a fully qualified Yardi Standard Interface Vendor, Paymentus said in a Tuesday (Jan. 16) press release.

Many stocks under $20 have been beaten down in recent years, due to the struggles that their issuing companies have undergone, the Street's overdone fears about interest rates and economic growth, or some combination of all of those factors. But with the economy staying strong and the Street becoming much less concerned about rates, many of these names are going to make big comebacks in the months and years ahead.

Paymentus (PAY) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

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: Raymond James TMT and Consumer Conference in New York on Tuesday, December 5th, where Mr. Sharma will participate in a fireside chat at 2:15 pm ET Wolfe Research 1st Annu.

Paymentus (PAY) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Paymentus Holdings, Inc. (NYSE:PAY ) Q3 2023 Earnings Conference Call November 6, 2023 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 Will Nance - Goldman Sachs Rebecca Lu - Citigroup Matt O'Neill - FT Partners Operator Good day and welcome to Paymentus' Third Quarter 2023 Earnings Call. This call is being recorded.

Paymentus noted in its latest earnings report that its instant payments network is gaining more adherents as wholesale business-to-business (B2B), healthcare and other firms seek to transform bill pay operations.   Earnings materials showed that revenues were up 18.9% to $152.4 million.