NYSE$PAY
Paymentus Holdings Inc · Q3 2023 earnings
Q3 2023 earnings · · Investor relations
Briefing
Paymentus reported strong third-quarter results, marked by revenue growth, contribution profit, and adjusted EBITDA increases.
Paymentus reported exceptional Q3 results with revenue increasing by 18.9%, contribution profit by 20.3%, and adjusted EBITDA rising by 93.9% year-over-year, driven by strong demand and competitive differentiation.
- Revenue was $152.4 million, an increase of 18.9% year-over-year.
- Gross profit was $46.9 million, an increase of 23.9% year-over-year.
- Net income was $6.4 million, with GAAP earnings per share at $0.05.
- The company processed 115.4 million transactions, a 25.2% increase from the third quarter of 2022.
Headline financials
Revenue & EPS history
Paymentus · Revenue · Quarterly
$152M
Forward guidance
Paymentus provided financial guidance for the fourth quarter and full fiscal year 2023.
Tailwinds
- Revenue is expected to be between $155 million and $159 million for Q4 2023.
- Revenue is projected to be between $604.5 million and $608.5 million for the full year 2023.
- Contribution Profit is anticipated to be between $60.5 million and $62.5 million for Q4 2023.
- Contribution Profit is expected to be between $235 million and $237 million for the full year 2023.
- Adjusted EBITDA is forecasted to be between $12 million and $14 million for Q4 2023.
Headwinds
- Adjusted EBITDA is projected to be between $50 million and $52 million for the full year 2023.
- Guidance for non-GAAP measures is not reconciled due to the unavailability of certain financial information.
- Variables outside of Paymentus' control, such as changes in payment mix, can influence contribution profit.
- Future period non-GAAP guidance includes adjustments for items not indicative of core operations.
- The exact amount of adjustments for non-GAAP measures 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 19 quarterly earnings reports · overlaid with Q3 2023
+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 |
|---|---|---|---|---|
| Q2 2025 | — | — | — | |
| 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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