NYSE$PAY
Paymentus Holdings Inc · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Paymentus's first quarter performance in 2024 was marked by revenue growth and significant adjusted EBITDA increase.
Paymentus reported a strong first quarter in 2024, with revenue increasing by 24.6% year-over-year to $184.9 million. Adjusted EBITDA rose by 135.5%, reflecting a 28.6% adjusted EBITDA margin. The company processed 135.3 million transactions, a 24.7% increase from the previous year. Net income was reported at $7.2 million, with a GAAP EPS of $0.06 and a non-GAAP EPS of $0.10.
- Revenue increased by 24.6% year-over-year, reaching $184.9 million.
- Adjusted EBITDA increased by 135.5% year-over-year, resulting in a 28.6% adjusted EBITDA margin.
- Net income was $7.2 million, with GAAP earnings per share at $0.06.
- The company processed 135.3 million transactions, a 24.7% increase compared to the same quarter last year.
Headline financials
Revenue & EPS history
Paymentus · Revenue · Quarterly
$185M
Forward guidance
Paymentus provided financial guidance for the second quarter and full fiscal year 2024, including revenue, contribution profit, and adjusted EBITDA.
Tailwinds
- Second Quarter 2024 Revenue: $178 million to $183 million
- Second Quarter 2024 Contribution Profit: $68 million to $70 million
- Second Quarter 2024 Adjusted EBITDA: $17 million to $19 million
- Fiscal-Year 2024 Revenue: $737 million to $755 million
- Fiscal-Year 2024 Contribution Profit: $281 million to $293 million
Headwinds
- Fiscal-Year 2024 Adjusted EBITDA: $71 million to $79 million
- Guidance does not reconcile forward-looking non-GAAP measures
- Determination of contribution is subject to variables outside the company's control
- Future period non-GAAP guidance includes adjustments for items not indicative of core operations
- Exact amount of adjustments is not currently determinable but may be significant
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2024
+5.3%
Avg return
Earnings day
+4.4%
Avg return
5 days after
+1.2%
Avg return
30 days after
58%
14 / 24 earnings
Positive
+27.4%
Q2 2023
Best reaction
-22.0%
Q2 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +2.5% | -4.0% | -24.7% | |
| Q4 2025 | -1.1% | +0.3% | +3.1% | |
| Q3 2025 | +25.4% | +30.9% | +27.6% | |
| Q1 2025 | +2.6% | +8.0% | +4.9% | |
| Q4 2024 | +24.6% | +20.2% | +7.3% | |
| Q3 2024 | +26.2% | +25.1% | +30.5% | |
| Q2 2024 | +17.9% | +20.4% | +6.8% | |
| Q1 2024 | -8.6% | -10.8% | -8.3% | |
| Q4 2023 | +24.2% | +21.4% | +34.5% | |
| Q3 2023 | +4.2% | +5.0% | +14.6% | |
| Q2 2023 | +27.4% | +32.6% | +44.8% | |
| Q1 2023 | +10.8% | +10.0% | +23.7% | |
| Q4 2022 | +10.4% | +11.9% | -0.2% | |
| Q3 2022 | +19.5% | +18.2% | -3.5% | |
| Q2 2022 | -22.0% | -22.4% | -31.3% | |
| Q1 2022 | -12.4% | -15.6% | -7.7% | |
| Q4 2019 | -5.5% | -5.2% | -4.9% | |
| Q4 2021 | -20.0% | -28.9% | -30.1% | |
| Q3 2020 | +4.0% | +6.2% | +1.1% | |
| Q3 2021 | +11.5% | +8.4% | +0.2% | |
| Q1 2021 | -4.7% | -7.5% | -13.8% | |
| Q2 2020 | -4.7% | -7.5% | -13.8% | |
| Q4 2020 | -4.7% | -7.5% | -13.8% | |
| Q2 2021 | +0.0% | -4.9% | -17.9% | |
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