logo
Paymentus to Participate in Upcoming Investor Conferences in August

Paymentus to Participate in Upcoming Investor Conferences in August

Business Wire4 days ago
CHARLOTTE, N.C.--(BUSINESS WIRE)--Paymentus Holdings, Inc. ('Paymentus') (NYSE: PAY), a leading provider of cloud-based bill payment technology solutions, today announced that Dushyant Sharma, Chief Executive Officer, and Sanjay Kalra, Chief Financial Officer are scheduled to participate in the following investor conferences:
Oppenheimer 28 th Annual Virtual Technology, Internet & Communications Conference on Tuesday, August 12 th, where Mr. Sharma and Mr. Kalra will participate in a fireside chat at 1:15 pm ET
Deutsche Bank 2025 Technology Conference at the Waldorf Astoria Monarch Beach Resort in Dana Point, California on Wednesday, August 27 th
A live webcast and replay of the fireside chat will be available on Paymentus' investor relations website at ir.paymentus.com.
Management will host investor meetings throughout the day. For further information, please contact your Oppenheimer or Deutsche Bank representatives or email paymentus@kcsa.com.
About Paymentus
Paymentus is a leading provider of cloud-based bill payment technology and solutions for more than 2,500 billers and financial institutions across North America. Our omni-channel platform provides consumers with easy-to-use, flexible and secure electronic bill payment experiences through their preferred payment channel and type. Paymentus' proprietary Instant Payment Network TM, or IPN, extends our reach by connecting our IPN partners' platforms and tens of thousands of billers to our integrated billing, payment, and reconciliation capabilities. For more information, please visit www.paymentus.com.
CATEGORY: CORPORATE NEWS
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Reddit Stock Pops After a Blowout Quarter, But Is It a Buy?
Reddit Stock Pops After a Blowout Quarter, But Is It a Buy?

Yahoo

timean hour ago

  • Yahoo

Reddit Stock Pops After a Blowout Quarter, But Is It a Buy?

Key Points Reddit is growing quickly and it posted revenue of $500 million in the second quarter. Although the stock is up 260% in the last year, there are valuation concerns. 10 stocks we like better than Reddit › Two weeks ago, I wrote that Reddit (NYSE: RDDT) was one of my picks as a stock to buy on the dip and hold for the next decade. I was confident in the company's upcoming earnings report and its growing profits. Fast-forward to today, and Reddit is smoking hot, up 43% in the last week on the strength of its glowing second-quarter filing. The dip is over, but do you still have an opportunity to take a position in Reddit stock? Or should you wait for a better buying opportunity? Reddit shows huge numbers The biggest figure in the second-quarter earnings report is rapid revenue growth. Reddit reported $500 million in revenue, up 78% from a year ago, marking its fastest quarterly growth since 2022. It was the company's most profitable quarter. There was also a 21% increase in daily active users, a number that reached 110 million in the quarter. The company posted a profit of $89 million and $0.48 per share, versus losses of $10 million and $0.06 per share in the second quarter of 2024. Reddit stands out from social media platforms like Meta Platforms' Facebook and Instagram because, by design, its users are anonymous. The platform is organized into structured "subreddit" communities where people can talk about anything -- including their favorite games, cars, and movies, as well as current events. Because subreddits can be devoted to very specific topics, conversations are usually on point and user moderators can halt any spam or threads going off-topic. "For people, conversation and connection are becoming more valuable and rare," CEO Steve Huffman wrote in a letter to investors. "In a world increasingly dominated by algorithms and automation, the need for human voices has never been greater. We see this every day as nearly 50 million scrollers come to Reddit for their favorite communities, and 60 million seekers land on Reddit in search of better answers to their questions." The company posted Q3 guidance for revenue of between $535 million and $545 million, which would be a 55% gain from a year ago. What's next for Reddit? While Reddit gets more than 80% of its revenue from the U.S., it's taking steps to grow its international presence. The company is embracing machine translation in order to allow Reddit to expand in Asia, Europe, and Latin America, and is currently targeting around two dozen languages. By expanding internationally, Reddit has the opportunity to increase marketing, add local content and contributors, and create specialized subreddits to serve international markets. While international revenue increased by 71% to $91 million in the second quarter, this is a massive opportunity to grow the company. Reddit is also embracing artificial intelligence (AI) to make its platform more relevant. The Reddit Answers tool is an AI search engine specifically geared toward Reddit content and can help people find answers on the platform. The company says its core search product has 70 million weekly users, and that Reddit Answers grew from 1 million users in Q1 to 6 million in Q2. By rolling Reddit Answers out globally, it can sell advertising in its search engine much as Alphabet's Google does. Should you invest in Reddit stock? By any measure, Reddit is an expensive stock, particularly compared to Meta, which operates the highly successful platforms Facebook, Messenger, Instagram, Threads, and WhatsApp. It's also more expensive than Snap, which operates the Snapchat platform: While I still think that holding Reddit stock is a good idea, I do think it's pretty pricey right now. Up 260% in the last year, Reddit appears to be overvalued; if I were buying a social media stock at these prices, I would lean toward Meta right now. I have full confidence that Reddit will hit its third-quarter revenue numbers, and I'm eager to see if it can increase its international audience and open the door for long-term revenue growth. Reddit is a solid stock, but I think investors should wait for a better buying opportunity before taking a position. Do the experts think Reddit is a buy right now? The Motley Fool's expert analyst team, drawing on years of investing experience and deep analysis of thousands of stocks, leverages our proprietary Moneyball AI investing database to uncover top opportunities. They've just revealed their to buy now — did Reddit make the list? When our Stock Advisor analyst team has a stock recommendation, it can pay to listen. After all, Stock Advisor's total average return is up 1,060% vs. just 182% for the S&P — that is beating the market by 877.64%!* Imagine if you were a Stock Advisor member when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $653,427!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,119,863!* The 10 stocks that made the cut could produce monster returns in the coming years. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 4, 2025 Patrick Sanders has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet and Meta Platforms. The Motley Fool has a disclosure policy. Reddit Stock Pops After a Blowout Quarter, But Is It a Buy? was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Do Not Keep These ‘High Risk' Apps On Your iPhone Or Android
Do Not Keep These ‘High Risk' Apps On Your iPhone Or Android

Forbes

timean hour ago

  • Forbes

Do Not Keep These ‘High Risk' Apps On Your iPhone Or Android

While TikTok has generated the most headlines when it comes to allegations of your data being secretly sent to China, it turns out that a much bigger threat could have been been hiding on your phone all this time. And this one is much more dangerous. It has taken a spate of porn bans — first in the U.S. and now in Europe to flush out this risk. As much as smartphone users need their TikTok fix, porn is an even bigger draw. And tens of millions of users are suddenly masking their internet traffic for the first time, pretending to be somewhere they are not to bypass those bans. This is done by way of virtual private networks or VPNs. The same technology that failed to circumvent TikTok's short-lived U.S. ban in January. But for porn, VPNs work just fine. vpnMentor saw a 'staggering' 6,000% surge in U.K VPN use after restrictions came into effect. The same explosive growth seen in the U.S. and France. Many of the installed VPNs were free apps topping App Store and Play Store charts. But many of these have a nasty, hidden secret. As Top10VPN's Simon Migliano warns, "despite being made aware of glaring privacy failures and opaque corporate structures, Google and Apple continue to permit these high-risk apps on their platforms.' A month ago, the Tech Transparency Project (TTP) issued a report into free VPNs, warning that 'millions of Americans have downloaded apps that secretly route their internet traffic through Chinese companies.' It reported on this same threat in April. 'Apple and Google app stores continue to offer private browsing apps that are surreptitiously owned by Chinese companies… six weeks after they were identified.' 'In light of these findings," Migliano warns, "I strongly urge users to avoid Chinese-owned VPNs altogether." He says 'the risks are too great' to keep them on your phone. As BeyondTrust's James Maude told me 'if you aren't paying for a product, you are the product. These VPNs are a perfect example of the hidden costs of free apps where users seeking privacy are potentially unknowingly feeding data to a foreign nation state." Google told me it is "committed to compliance with applicable sanctions and trade compliance laws. When we locate accounts that may violate these laws, our related policies or Terms of Service, we take appropriate action.' While Apple says it enforces App Store rules but does not differentiate its handling of apps by the location of their developers, albeit VPNs are prohibited from sharing data. My advice is to open either the App Store on your iPhone or the Play Store on your Android, and then search for 'free VPN.' You should delete any apps listed as installed on your phone that highlight that 'free VPN" tag, unless they are linked to blue-chip, western technology firms that provide other security offerings. Meanwhile, here's the TTP list of Chinese apps you should search for: Apple App Store: Google Play Store:

Pinterest Stock Just Dropped 12% After Earnings. Is It a Red Flag, or a Buying Opportunity?
Pinterest Stock Just Dropped 12% After Earnings. Is It a Red Flag, or a Buying Opportunity?

Yahoo

time2 hours ago

  • Yahoo

Pinterest Stock Just Dropped 12% After Earnings. Is It a Red Flag, or a Buying Opportunity?

Key Points Pinterest reported strong numbers for the second quarter, especially on the top line. Monetization of non-U.S. users continues to be a strong point. Tariff-related advertising concerns are weighing on investor confidence. 10 stocks we like better than Pinterest › Pinterest (NYSE: PINS) reported its second-quarter earnings recently, and the stock fell by about 12% the next day. Although top-line revenue is growing faster than expected, the company's profitability was a little lower than analysts had hoped for, and there are some concerns about the effect of new tariffs on ad demand. In other words, there was a lot of good to balance out the bad. So why is the stock falling so much? Is it a buying opportunity for long-term investors, or would it be best to stay away for the time being? Here's a quick rundown of Pinterest's Q2 results, why the stock is down, and whether it could be a good time to buy. Pinterest's second quarter: The good and the bad We'll start with the good. Pinterest reported top-line revenue that grew by 17% year over year and handily surpassed analysts' expectations. Not only that, but the company gave upbeat third-quarter revenue guidance, and the platform added 8 million users for the quarter, nearly twice as many as were projected. There are now 578 million monthly active users worldwide, and there was growth in all three geographical segments Pinterest reports (U.S & Canada, Europe, and Rest of World). The weakness, however, came on the bottom line. Pinterest missed earnings per share (EPS) estimates by two cents, which appears to be the main negative in the earnings report. To be sure, other profitability metrics were quite strong. Free cash flow margin was almost 20%, compared with just 12% in the second quarter of 2024. Monetization of the user base is also progressing nicely, especially outside of the U.S., which is where the bulk of Pinterest users are. Average revenue per user (ARPU) from the platform's 146 million European users grew by 26%. In the crucial Rest of World group, which includes 329 million users, Pinterest generated 44% more than it did a year ago. This remains a massive opportunity, as the average user in this group still generates less than 3% of the revenue that a typical U.S. user brings in. Pinterest has $2.66 billion in cash and marketable securities on its balance sheet, nearly $150 million more than a year ago. The company's outstanding share count has fallen by almost 3% over the past year thanks to buybacks, and Pinterest has financial flexibility to take advantage of future opportunities that arise. Concerns going forward Despite the strong forecast going forward, Pinterest's management expressed concern over the effects of tariffs on ad spending. One example CFO Julia Donnelly cited in the company's earnings call is Asia-based e-commerce retailers hit by the end of the de minimis exemption to tariffs. So, while Pinterest stock took an initial plunge immediately after the earnings release, these comments are what triggered the double-digit decline. Is it a buying opportunity? In full disclosure, Pinterest is already one of my largest investments, so I'm not likely to add shares anytime soon. However, if you believe (as I do) that the tariff effects will be more of a short-lived problem than a permanent drag on ad demand, it could be a good time to take a closer look. I've said many times that some of my favorite opportunities to buy shares of my favorite companies are when companies miss earnings by a penny or two and the stock proceeds to fall by double digits. While Pinterest could certainly be volatile, especially as the initial effect of tariffs plays out, the long-term thesis is still very much intact, and management is doing an excellent job. Should you invest $1,000 in Pinterest right now? Before you buy stock in Pinterest, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Pinterest wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $653,427!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,119,863!* Now, it's worth noting Stock Advisor's total average return is 1,060% — a market-crushing outperformance compared to 182% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 4, 2025 Matt Frankel has positions in Pinterest. The Motley Fool has positions in and recommends Pinterest. The Motley Fool has a disclosure policy. Pinterest Stock Just Dropped 12% After Earnings. Is It a Red Flag, or a Buying Opportunity? was originally published by The Motley Fool Errore nel recupero dei dati Effettua l'accesso per consultare il tuo portafoglio Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store