CHARLOTTE, N.C. (AP) — CHARLOTTE, N.C. (AP) — Paymentus Holdings Inc. (PAY) on Monday reported second-quarter profit of $14.7 million.
On a per-share basis, the Charlotte, North Carolina-based company said it had net income of 11 cents. Earnings, adjusted for one-time gains and costs, came to 15 cents per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 14 cents per share.
The electronic bill payment services posted revenue of $280.1 million in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $257.9 million.
For the current quarter ending in September, Paymentus said it expects revenue in the range of $278 million to $282 million.
The company expects full-year revenue in the range of $1.12 billion to $1.13 billion.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PAY at https://www.zacks.com/ap/PAY
Copyright © 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
