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Paya Holdings (NASDAQ: PAYA), a leading provider of integrated payment solutions, will have CEO Jeff Hack and CFO Glenn Renzulli present at William Blair’s 42nd Annual Growth Stock Conference on June 7, 2022, at 10:40 AM CT. The presentation will be available via a live webcast, with replays accessible for a limited time on the company’s investor relations website.
Paya processes over $40 billion in annual payment volume and serves more than 100,000 customers through 2,000 distribution partners, focusing on healthcare, education, and other markets.
Paya Holdings Inc. (NASDAQ: PAYA) announced its first quarter financial results for 2022, showcasing a 23.5% increase in payment volume, reaching $11.7 billion. Total revenue rose to $66.0 million, up 19.3% from the previous year, with integrated solutions revenue at $41.5 million (+26.1%). The company reported a net income of $2.2 million, and adjusted EBITDA increased by 10.9% to $16.4 million. For 2022, Paya forecasts total revenue between $275 and $283 million.
Paya Holdings Inc. (NASDAQ: PAYA) will release its first quarter 2022 financial results on May 10, 2022, after market close. A conference call with CEO Jeff Hack and CFO Glenn Renzulli is scheduled for May 11, 2022, at 8:00 am ET, aimed at discussing these results in detail.
Paya is a prominent provider of integrated payments and commerce solutions, processing over $40 billion in annual payment volume. The company serves over 100,000 customers through more than 2,000 distribution partners across various sectors, including healthcare and education.
Paya Holdings reported strong financial results for Q4 and full year 2021, boasting a 27.2% increase in payment volume to $11.7 billion and total revenue of $67.1 million, up 24.2% year-over-year. Integrated Solutions revenue surged by 33% to $43.1 million. Net income improved to $2 million, reversing a net loss from the previous year. Full-year payment volume rose 29% to $42.9 billion, with total revenue at $249.4 million. For 2022, Paya forecasts revenue between $275-$283 million and maintains a gross margin target of 51.5%-52%, expecting to drive further growth amid favorable market trends.
Paya Holdings (NASDAQ: PAYA) will report its fourth quarter and full year 2021 financial results on March 1, 2022, before market open. CEO Jeff Hack and CFO Glenn Renzulli will lead a conference call at 8:00 am ET on the same day to discuss the results. Investors can listen via the company's investor relations website or by phone. Paya processes over $40 billion in annual payment volume and serves over 100,000 customers across various sectors, including healthcare and education.
Paya (NASDAQ: PAYA) has launched PayaGov, a suite of payment solutions tailored for government entities. This strategic initiative serves over 2,000 agencies in 24 states, processing more than 8 million payments annually, which generates over $1 billion in revenue for clients. The integration of Paya's existing services aims to enhance efficiency and citizen engagement, positioning Paya as a leader in municipal payments. Leaders from Paya express confidence that this move will drive innovation and growth in the public sector.
Paya (NASDAQ: PAYA) has announced a partnership with Transcard to enhance its B2B commerce solutions. This collaboration integrates Transcard's technology to offer a comprehensive accounts payable (AP) module, streamlining payment processes for customers. Paya aims to simplify transactions by combining accounts receivable (AR) and AP operations through a single API, facilitating efficient interactions between businesses and suppliers. This development strengthens Paya's offerings, reinforcing its market position across high-growth sectors.
Paya Holdings Inc. (NASDAQ: PAYA) announced the acquisition of VelocIT Business Solutions on January 19, 2022. VelocIT specializes in integrated, omnichannel payment solutions for ERP partners, enhancing Paya's capabilities in the accounting sector. The acquisition is expected to accelerate Paya's growth in the ERP channel, expand its product offerings, and bolster its market presence. Paya processes over $40 billion in annual payment volume and serves more than 100,000 customers, positioning itself as a leading provider in integrated payments.
Paya Holdings Inc. (NASDAQ: PAYA), a top provider of integrated payment and commerce solutions, announced participation in several investor conferences. CEO Jeff Hack and senior management will present at:
- Credit Suisse 25th Annual Technology Conference on November 30, 2021, at 4:15 PM MST
- D. A. Davidson FinTech and Payments Spotlight Virtual Conference on December 2, 2021, at 12:45 PM EST
- Raymond James Technology Investors Virtual Conference on December 6, 2021, at 12:30 PM EST
- UBS Global TMT Virtual Conference on December 8, 2021, at 10:00 AM EST
Presentations will be webcast live, with replays available on the investor relations website.
Paya Holdings Inc. (NASDAQ: PAYA) reported strong financial results for Q3 2021, with payment volume reaching $11.1 billion, up 27.7% year-over-year. Revenue grew 21.8% to $63.1 million, and gross profit increased by 26% to $32.6 million, yielding a gross margin of 51.7%. However, the company reported a net loss of $3 million, compared to a profit of $1.6 million in Q3 2020. Adjusted EBITDA rose 20.7% to $16.3 million. Paya revised its full-year 2021 guidance, projecting revenue between $244 million and $248 million and an adjusted EBITDA of $64 million to $66 million.
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