NYSE$PAY
Paymentus Holdings Inc · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
Paymentus experienced record revenue, contribution profit, and adjusted EBITDA, driven by increased billers and transactions.
Paymentus reported an exceptional second quarter with a 32.6% year-over-year increase in revenue, a 28.3% increase in contribution profit, and a 58.6% increase in adjusted EBITDA. The company processed 140.4 million transactions, a 28.2% increase from the previous year.
- Revenue reached a record $197.4 million, up 32.6% year-over-year.
- Gross profit was $58.8 million, a 28.1% increase year-over-year.
- Net income was $9.4 million, with GAAP earnings per share at $0.07.
- Adjusted EBITDA was a record $22.5 million, representing a 29.5% adjusted EBITDA margin.
Headline financials
Revenue & EPS history
Paymentus · Revenue · Quarterly
$197M
Forward guidance
Paymentus provided financial guidance for the third quarter and full fiscal year 2024.
Tailwinds
- Revenue is expected to be between $188 million and $193 million for Q3 2024.
- Revenue is expected to be between $770 million and $780 million for the full year 2024.
- Contribution Profit is expected to be between $71 million and $74 million for Q3 2024.
- Contribution Profit is expected to be between $293 million and $298 million for the full year 2024.
- Adjusted EBITDA is expected to be between $18 million and $20 million for Q3 2024.
Headwinds
- Adjusted EBITDA is expected to be between $81 million and $85 million for the full year 2024.
- Guidance does not reconcile forward-looking guidance for non-GAAP measures.
- The determination of contribution is subject to variables outside Paymentus' control.
- Future period non-GAAP guidance includes adjustments for items not indicative of core operations.
- Such adjustments may be affected by changes in ongoing assumptions and judgments.
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 Q2 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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