Increased billers - Co said revenue growth was driven largely by more billers using its platform
Higher transaction volume - Co processed 213.4 mln transactions in Q2, up 21% year-over-year
Robust bookings and backlog - CEO said strong bookings and backlog position co well for 2026 goals
Q2 results beat expectations
US cloud-based bill payment firm's Q2 revenue rose 29%, beating analyst expectations
Adjusted EPS for Q2 beat analyst expectations
Growth driven by increased billers and transaction volumes
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$360.74 mln
$345.43 mln (7 Analysts)
Q2 Adjusted EPS
Beat
$0.25
$0.19 (7 Analysts)
Q2 Net Income
$25.56 mln
Q2 Operating Expenses
$61.69 mln
Analyst coverage and valuation
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"