Can Bottomline Technologies Hit Its Ambitious Revenue Target?
Bottomline Technologies (NASDAQ: EPAY) has faced middling growth through the pandemic, but the provider of payments services is forecasting brisk growth in its subscription services later this year. Bottomline's fiscal second-quarter 2021 earnings report, filed on Feb. 2, featured a minimal improvement in revenue, and a slight loss for the quarter.
The $2 billion market-cap company provides numerous software services to banking and several other industries, from cloud-based accounts-payable automation to secure financial messaging services. Below, let's review the key highlights of the Q2 report and break down management's outlook for the back half of the fiscal year.
Source Fool.com