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Bottomline Technologies: Fiscal 1Q Earnings Snapshot

PORTSMOUTH, N.H. (AP) _ Bottomline Technologies Inc. (EPAY) on Thursday reported a loss of $918,000 in its fiscal first quarter.

The Portsmouth, New Hampshire-based company said it had a loss of 2 cents per share. Earnings, adjusted for one-time gains and costs, came to 33 cents per share.

The results met Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of 33 cents per share.

The payment and invoice service provider posted revenue of $102.4 million in the period, which beat Street forecasts. Four analysts surveyed by Zacks expected $100.2 million.

Bottomline Technologies shares have climbed 88 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $65.18, a rise of 93 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EPAY at https://www.zacks.com/ap/EPAY