Bottomline Technologies (EPAY) Scheduled to Post Earnings on Tuesday

Bottomline Technologies (NASDAQ:EPAY) is set to post its quarterly earnings results on Tuesday, January 30th. Bottomline Technologies has set its FY18 guidance at $1.06 EPS and its Q2 guidance at $0.26 EPS.

Bottomline Technologies (NASDAQ:EPAY) last announced its quarterly earnings results on Thursday, November 2nd. The technology company reported $0.30 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.25 by $0.05. Bottomline Technologies had a negative net margin of 7.51% and a positive return on equity of 5.84%. The business had revenue of $91.30 million for the quarter, compared to analysts’ expectations of $89.70 million. During the same quarter last year, the firm earned $0.22 EPS. The firm’s revenue for the quarter was up 9.9% compared to the same quarter last year. On average, analysts expect Bottomline Technologies to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Bottomline Technologies (NASDAQ EPAY) opened at $36.98 on Tuesday. Bottomline Technologies has a 1 year low of $21.52 and a 1 year high of $37.30. The firm has a market cap of $1,487.77, a PE ratio of -52.83, a P/E/G ratio of 6.38 and a beta of 1.17.

Several equities analysts have commented on the stock. Needham & Company LLC reissued a “buy” rating and set a $38.00 target price on shares of Bottomline Technologies in a research report on Friday, November 3rd. Zacks Investment Research raised shares of Bottomline Technologies from a “strong sell” rating to a “hold” rating in a research report on Wednesday, October 11th. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $34.00.

In related news, insider Robert A. Eberle sold 30,907 shares of Bottomline Technologies stock in a transaction that occurred on Tuesday, November 21st. The shares were sold at an average price of $33.45, for a total value of $1,033,839.15. Following the sale, the insider now owns 379,100 shares of the company’s stock, valued at approximately $12,680,895. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Ken D’amato sold 2,000 shares of Bottomline Technologies stock in a transaction that occurred on Wednesday, December 13th. The stock was sold at an average price of $34.51, for a total transaction of $69,020.00. Following the completion of the sale, the director now directly owns 18,000 shares in the company, valued at approximately $621,180. The disclosure for this sale can be found here. Insiders sold a total of 86,443 shares of company stock worth $2,901,812 in the last ninety days. 2.40% of the stock is currently owned by insiders.

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About Bottomline Technologies

Bottomline Technologies (de), Inc is engaged in providing a set of cloud-based business payment, digital banking, fraud prevention, payment and financial document solutions. The Company helps businesses pay and get paid. It offers hosted or Software as a Service (SaaS) solutions, as well as software designed to run on-site at the customer’s location.

Earnings History for Bottomline Technologies (NASDAQ:EPAY)

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