Bottomline Technologies (NASDAQ: EPAY), a leading provider of cloud-based payment, invoice and digital banking solutions, reported financial results for the first quarter ended September 30, 2014.
Revenues for the first quarter were $81.3 million, an increase of $14.1 million, or 21%, from the first quarter of last year. Subscription and transaction revenues, which are primarily related to the company’s cloud platforms, increased 30% from the first quarter of last year to $40.9 million.