Paymentus Q3 revenue up 18.9% to $152.4M; adjusted EBITDA surges 93.9%

Paymentus Holdings, Inc.

2023-Q3 EPS reported $0.10 revenue$449,690,000

Revenue $152.4M (+18.9% YoY) driven by increased transaction volumes.
GAAP net income $6.4M ($0.05 EPS); non-GAAP net income $10.9M ($0.09 EPS).
Adjusted gross profit $51.3M (+24.9%); Contribution profit $61.5M (+20.3%).
Adjusted EBITDA rose 93.9% YoY (absolute amount not disclosed).
Substantial backlog at quarter-end provides visibility into 2024.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.91

Paymentus Holdings, Inc. reported three and nine months ended September 30, 2023 results: revenue $152.4 million, net income $6.4 million, EPS $0.05.

Period: three and nine months ended September 30, 2023
Revenue: $152.4 million
Net income: $6.4 million
EPS: $0.05
Result: reported results

Exact text from the filing

provides us good visibility for the rest of 2023 and well into 2024,” said Dushyant Sharma, Founder and CEO. Third Quarter 2023 Financial and Business Highlights • Revenue was $152.4 million, an increase of 18.9% year-over-year, driven largely by increased transactions. • Gross profit was $46.9 million, an increase of 23.9% year-over-year. Adjusted gross profit (1)

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Source: SEC EDGAR

accession 0000950170-23-059410

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