Shares of Bottomline Technologies (NASDAQ:EPAY) moved up 21% in Friday trading session after the performance of the payment in the fourth-quarter and company surpass market forecasts.
The invoice service provider Bottomline on Wednesday announced a loss of $1.2 million or 3 cents a share for the three months period. That’s low from a profit of $30.1 million or 87 cents a share in the similar period a year ago.
The company earned 26 cents a share after adjusting for purchases, restructuring and special costs, which far surpassed market forecasts.
Bottomline Technologies revenue moved up almost 13% to $61.4 million while analysts were anticipating revenue of $59.7 million.
Shifting readers focus to broader market, let’s consider market performance of other stocks that significantly affect same sector. Oracle Corporation (NASDAQ:ORCL) rose +0.77% to settle at $31.61, Ariba, Inc (NASDAQ:ARBA) moved down -0.07% to end at $44.54 while ACI Worldwide Inc (NASDAQ:ACIW) decreased -0.77% to finish on Friday at $45.04.
Bottomline Technologies (NASDAQ:EPAY) last session volume of 808,490.00 shares was higher than its average volume of 197,558.00 shares. The stock after opening at $23.91 hit high price of $24.77 and then closed at $23.95 by scoring +20.05%.
EPAY generated revenue of 217.14 million in the following twelve months and earned $32.93 million. The Company showed a positive 15.17% in the net profit margin and as well as in its operating margin which remained 5.21%. Company’s annual sales growth for the past five year was 13.25%.
The EPAY past twelve months price to sales ratio was 4.05 and price to cash ratio remained 7.44. As far as the returns are concern, the EPAY return on equity was recorded as 11.68% and increased 11.23% return on investment while its return on asset stayed at 9.26%.
The stock showed weekly upbeat performance of +22.69% which was maintained for the month at +32.32%. Likewise the positive performance for the quarter was recorded as +25.52% and for the year was +16.89% while the YTD performance remained at +3.37%.
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