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NEW YORK - Paymentus Holdings Inc . (NYSE:PAY) shares jumped 5.15% in after-hours trading on Monday after the cloud-based bill payment technology provider reported fourth-quarter results that beat expectations and issued an optimistic outlook for 2025.
The company posted adjusted earnings per share of $0.13, surpassing the analyst consensus of $0.10. Revenue soared 56.5% year-over-year to $257.9 million, well above estimates of $223.66 million.
Paymentus’ strong performance was driven by increased billers and transactions. The company processed 166.0 million transactions during the quarter, up 33.0% from the same period last year.
"Paymentus ended the year with quarterly results that exceeded our expectations across virtually all facets of our business," said Dushyant Sharma, Founder and CEO. "These results, combined with our strong bookings and backlog at year-end, give us confidence that we are well positioned to deliver solid growth in 2025."
Looking ahead, the company forecast first-quarter 2025 revenue between $241 million and $249 million, in line with analyst expectations of $242.5 million. For the full year 2025, Paymentus projects revenue of $1.04 billion to $1.06 billion, above the consensus estimate of $1.029 billion.
The company’s adjusted EBITDA rose 36.9% YoY to $27.3 million in Q4, representing a 31.6% margin. Paymentus processed 597.0 million transactions for the full year 2024, an increase of 30.3% YoY.
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