secwatch.observer — SEC 8-K summary
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Issuer:     Paymentus Holdings, Inc. (PAY)
CIK:        0001841156
Form:       8-K
Filed at:   2023-11-06T23:59:59+00:00
Accession:  0000950170-23-059410
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1841156/000095017023059410/0000950170-23-059410-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1841156/000095017023059410/pay-20231106.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-059410

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer