Bottomline Technologies (DE) Inc Announces 5% Drop In Q2 Earnings

(RTTNews) - Bottomline Technologies (DE) Inc (EPAY) revealed a profit for second quarter that decreased compared to the same period last year.

The company said its earnings totaled $14.64 million, or $0.38 per share. This was lower than $15.44 million, or $0.41 per share, in last year's second quarter.

Analysts had expected the company to earn $0.35 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 4.6% to $86.05 million. This was up from $82.23 million last year.

Bottomline Technologies (DE) Inc earnings at a glance:

-Earnings (Q2): $14.64 Mln. vs. $15.44 Mln. last year. -Earnings Decline (Y-o-Y): -5.2% -EPS (Q2): $0.38 vs. $0.41 last year. -EPS Decline (Y-o-Y): -7.3% -Analysts Estimate: $0.35 -Revenue (Q2): $86.05 Mln vs. $82.23 Mln last year. -Revenue Change (Y-o-Y): 4.6%