Copper Rock Capital Partners adds Bottomline Technologies (EPAY) to its portfolio

Bottomline Technologies (EPAY) : Copper Rock Capital Partners added new position in Bottomline Technologies during the most recent quarter end. The investment management firm now holds 742,577 shares of Bottomline Technologies which is valued at $22.1 Million according to a report filed by the company on Apr 5, 2016 with the SEC.Bottomline Technologies makes up approximately 1.94% of Copper Rock Capital Partners’s portfolio.

On the company’s financial health, Bottomline Technologies reported $0.38 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Jan 28, 2016. Analyst had a consensus of $0.35. The company had revenue of $86.00 million for the quarter, compared to analysts expectations of $86.91 million. The company’s revenue was up 4.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.41 EPS.

Bottomline Technologies closed down -0.69 points or -2.27% at $29.72 with 98,449 shares getting traded on Monday. Post opening the session at $30.55, the shares hit an intraday low of $29.68 and an intraday high of $30.63 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

Bottomline Technologies (de) Inc. is a provider of cloud-based digital banking fraud prevention payment financial document insurance and healthcare solutions. The Company’s segments include Payments and Transactional Documents Hosted Solutions and Digital Banking. The Company offers hosted or Software as a Service (SaaS) solutions as well as software designed to run on-site at the customer’s location. The Payments and Transactional Documents segment is a supplier of software products that provide financial business process management solutions including making and collecting payments sending and receiving invoices and generating and storing business documents. The Hosted Solutions segment provides customers with SaaS technology offerings that facilitate electronic payment electronic invoicing and spend management. The Digital Banking segment provides solutions to banking and financial institution customers.

Leave a Reply

Bottomline Technologies - Is it time to Sell?

Top Brokerage Firms are advising their investors on Bottomline Technologies. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.