BUZZ-Paymentus jumps on upbeat annual revenue forecast, Q4 revenue beat

Reuters03-11

** Shares of bill payment tech provider Paymentus PAY.N rise 23.2% to $30.41

** Co late on Monday forecast 2025 revenue between $1.04 billion and $1.06 billion; analysts on average expect 2025 revenue of $1.02 billion, according to data compiled by LSEG

** Co posted Q4 revenue of $257.88 million, beating analysts' average estimate of $222.06 million

** PAY reported Q4 profit of $16.30 million, vs $13.92 million in the previous year

** Co expects Q1 revenue in the range of $241 million to $249 million, vs analysts' estimate of $252.44 million

** Stock has risen 28.4% in the past 12 months

(Reporting by Padmanabhan Ananthan)

((Padmanabhan.Ananthan@thomsonreuters.com;))

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