Key Developments: Bottomline Technologies (de), Inc. (EPAY.O)
15.71USD
9 Feb 2010
$0.35 (+2.28%)
$15.71
--
$15.72
$15.25
323,390
250,319
$18.50
$4.66
Latest Key Developments
Bottomline Technologies Raises FY 2010 Revenue Guidance; Reaffirms FY 2010 EPS Guidance
Bottomline Technologies announced that it is increasing its fiscal 2010 revenue guidance to a range of $153 million to $155 million. The increased revenue guidance reflects the continued demand the Company is seeing for its product offerings across both new and existing customers. The Company also announced that it remain on track to earn $1.00 per share (EPS) for fiscal 2010 as a result of the increased revenue growth reflected in its current guidance. According to Reuters Estimates, analysts on an average were expecting the Company to report revenue of $152 million and EPS of $1.00 for fiscal 2010.
Bottomline Technologies Raises FY 2010 Guidance; Issues Q2 2010 Guidance; EPS Guidance Above Analysts' Estimates-Conference Call
Bottomline Technologies increased fiscal 2010 guidance for core earnings to be $1.00 per share from prior range of $0.73 to $0.75 and revenue to a range of $150 to $153 million. For the second quarter of 2010, the Company expects revenue between $37 and $38 million and core earnings per share (EPS) of $0.23. According to Reuters Estimates, analysts on an average were expecting the Company to report EPS of $0.73 on revenue of $147 million for fiscal 2010; EPS of $0.18 on revenue of $37 million for the second quarter of 2010.
Metropolitan Airports Commission Selects Bottomline Technologies For Transactional Document Automation
Bottomline Technologies announced that the Metropolitan Airports Commission, operator of the Minneapolis-St. Paul International Airport and its six reliever airports, has optimized its Oracle JD Edwards EnterpriseOne implementation with Bottomline's advanced capabilities for automating document based transactional processes.
Iroko Pharmaceuticals Selects Bottomline Technologies For Global Transactional Document Initiative
Bottomline Technologies announced that Iroko Pharmaceuticals, a global company focused on maximizing the potential of marketed pharmaceutical products, has selected Bottomline to extend and drive new capabilities from its Microsoft Dynamics AX 2009 implementation.
Deutsche Bank Partners With Bottomline Technologies for New Outsourced Payment Initiative
Bottomline Technologies announced a partnership with Deutsche Bank to serve as the technology provider for the bank`s new Web-based outsourced check generation initiative.
Bottomline Technologies Launches Transform
Bottomline Technologies announced the launch of Transform, for automating transactional document processing.
Bottomline Technologies And SWIFT Expand Strategic Partnership to Accelerate Adoption of SWIFT Alliance Lite
Bottomline Technologies announced a strategic partnership agreement with SWIFT to drive the adoption of SWIFT Alliance Lite by corporates and financial institutions.
Continental Datalabel Selects Bottomline Technologies' Bottomline Solution for Greener Approach to Transactional Document Processing
Bottomline Technologies announced that Continental Datalabel, an American manufacturer of pressure sensitive labels, has selected advanced capabilities from the Company to streamline transactional document processes and further drive green business practices.
Bottomline Technologies Launches Near Real Time Faster Payments Solution For Direct Corporate Access To UK's New Payment System
Bottomline Technologies announced that its Faster Payments solution has been used to make direct submission of a corporate Faster Payment into the Direct Corporate Access service.
Bottomline Technologies Raises Q1 2010 Guidance; Issues FY 2010 Guidance Above Analysts' Estimates-Conference Call
Bottomline Technologies announced that it increased its revenue and profit estimates based on the overall strength of the business. From a revenue perspective, the Company increased its first quarter 2010 guidance in the range of $34-$36 million. For fiscal 2010, the Company projected revenue of between $148-$152 million. Looking at profitability, the Company increased its first quarter core earnings guidance, from a range of $0.16-$0.18, to $0.17-$0.19. The change in earnings from the June quarter to the September quarter reflects a typical first quarter seasonality, particularly in Europe, as well as increased costs for several major industry conferences and higher projected taxes in the quarter. For fiscal 2010, the Company expects to grow earnings by at least 20% on a year over year basis, with core earnings per share (EPS) guidance of $0.73-$0.75. According to Reuters Estimates, analysts were expecting the Company to report EPS of $0.17 for the first quarter 2009; revenue of $142 million and EPS of $0.72 for fiscal 2010.
Processing deals pick up, NA Bancard on sale
NEW YORK (Reuters) - Privately held North American Bancard Inc has hired Deutsche Bank to advise it on a possible sale, sources familiar with the matter said, in a sign payment processor deals are picking up after a two-year lull.
Earnings vs. 
Estimates
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
