secwatch.observer — SEC 8-K summary
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Issuer:     Paymentus Holdings, Inc. (PAY)
CIK:        0001841156
Form:       8-K
Filed at:   2024-05-06T23:59:59+00:00
Accession:  0000950170-24-053564
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Paymentus Q1 revenue up 24.6% to $184.9M; adjusted EBITDA rises 135.5%
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- Revenue of $184.9M, up 24.6% YoY; driven by higher transaction activity from new and existing billers.
- GAAP net income of $7.2M ($0.06 EPS); non-GAAP net income $12.2M ($0.10 EPS).
- Contribution profit of $69.4M (+29.6% YoY); adjusted gross profit $57.6M (+31.9%).
- Adjusted EBITDA margin of 28.6% (up from prior year); positive outlook for rest of 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1841156/000095017024053564/0000950170-24-053564-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1841156/000095017024053564/pay-20240506.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-053564

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