Needham reiterated coverage of BTRS Holdings with a rating of Buy and set a new price target of $12.00 from $14.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/7/2022 | Outperform → Mkt Perform | William Blair | |
| 10/6/2022 | Overweight → Sector Weight | KeyBanc Capital Markets | |
| 3/2/2022 | $17.00 → $13.00 | Buy | Canaccord Genuity |
| 3/2/2022 | $15.00 → $8.00 | Overweight | JP Morgan |
| 3/2/2022 | $14.00 → $12.00 | Buy | Needham |
| 1/25/2022 | $12.00 → $8.00 | Overweight | Keybanc |
| 1/7/2022 | $8.00 | Mkt Perform | Keefe Bruyette |
| 11/12/2021 | $16.00 → $12.00 | Overweight | Keybanc |
EFFECT - BTRS Holdings Inc. (0001774155) (Filer)
15-12G - BTRS Holdings Inc. (0001774155) (Filer)
POS AM - BTRS Holdings Inc. (0001774155) (Filer)
Reports Q3 2022 software and payments segment revenue of $35.2 million, up 35% for the same period in 2021. BTRS Holdings Inc. ("Billtrust" or "the Company") (NASDAQ:BTRS), a B2B accounts receivable automation and integrated payments leader, today announced financial results for its third quarter ended September 30, 2022. "Our team again executed exceptionally well in a challenging environment, as evidenced by our strong 35.2% year-over-year software and payments segment revenue growth," said Flint Lane, Founder and CEO of Billtrust. "With favorable secular trends intact and a crystal-clear value proposition for our accounts receivable and integrated payments solutions that supports our
BTRS Holdings Inc. ("Billtrust" or "the Company") (NASDAQ:BTRS), a B2B accounts receivable automation and integrated payments leader, will release third quarter 2022 financial results after the market close on Wednesday, November 9, 2022. In light of the Company's pending transaction with EQT X fund ("EQT Private Equity") announced on September 28, 2022, Billtrust has elected to cease conducting quarterly earnings conference calls. The Company plans to continue providing quarterly earnings releases and will continue to file reports with the U.S. Securities and Exchange Commission ("SEC") until the transaction has been completed. For more information about the pending transaction with EQT P
Reports record Q2 software and payments segment revenue of $33.3 million, up 35% Increases Full Year 2022 Financial Outlook Sales execution drives record Q2 quarterly bookings and new logo adds BTRS Holdings Inc. ("Billtrust" or "the Company") (NASDAQ:BTRS), a B2B accounts receivable automation and integrated payments leader, today announced financial results for its second quarter ended June 30, 2022. "With a combination of 35.4% year-over-year software and payments segment revenue growth and our strongest bookings quarter ever, we are firing on all cylinders at this point," said Flint Lane, Founder and CEO of Billtrust. "Businesses continue to recognize the value of adopting our
BTRS Holdings Inc (NASDAQ:BTRS) stockholders voted to approve the definitive merger agreement with an affiliate of EQT X Fund (EQT Private Equity) at a special meeting of the company's stockholders. Under the agreement, an affiliate of EQT Private Equity will acquire all of the outstanding shares of Billtrust common stock for $9.50 per share in cash. The transaction will likely close on December 16, 2022. Upon completion of the transaction, Billtrust's shares will no longer trade on the NASDAQ, and Billtrust will become a private company. Billtrust provides cloud-based software and integrated payment processing solutions that simplify and automate B2B commerce. In September, the EQ
BTRS Holdings Inc. ("Billtrust" or the "Company") (NASDAQ:BTRS) today announced that its stockholders voted to approve the definitive merger agreement with an affiliate of EQT X Fund ("EQT Private Equity") at a special meeting of the Company's stockholders. The final voting results for the special meeting will be filed in a Form 8-K with the U.S. Securities and Exchange Commission on December 13, 2022. As previously announced, under the terms of the definitive merger agreement, an affiliate of EQT Private Equity will acquire all of the outstanding shares of Billtrust common stock for $9.50 per share in cash. The transaction is expected to close on December 16, 2022. Upon completion of the
BTRS Holdings (NASDAQ:BTRS) brought in sales totaling $51.63 million during Q3 according to data provided by Benzinga Pro. However, earnings decreased 39.43%, resulting in a loss of $21.21 million. BTRS Holdings collected $49.28 million in revenue during Q2, but reported earnings showed a $15.21 million loss. What Is Return On Capital Employed? Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed by a business. Changes in earnings and sales indicate shifts in a company's ROCE. A higher ROCE is generally representative of successful growth of a company and is a sign of higher earnings per share in the future. A low or negative ROCE suggests the opposi
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4 - BTRS Holdings Inc. (0001774155) (Issuer)
4 - BTRS Holdings Inc. (0001774155) (Issuer)
4 - BTRS Holdings Inc. (0001774155) (Issuer)
William Blair downgraded BTRS Holdings from Outperform to Mkt Perform
KeyBanc Capital Markets downgraded BTRS Holdings from Overweight to Sector Weight
Canaccord Genuity reiterated coverage of BTRS Holdings with a rating of Buy and set a new price target of $13.00 from $17.00 previously
VTEX (NYSE:VTEX), the global enterprise digital commerce platform, today announced the appointment of Silvia Mazzucchelli, renowned executive of the US Retail & Consumer industry, to its board of directors. Silvia has vast experience in the American market as a former C-level executive of companies like GUESS, TOMS Shoes, American Apparel, ModCloth (a Walmart ecommerce portfolio company), and The Collected Group (a KKR portfolio company). She is a senior advisor to retail and consumer practice to The Boston Consulting Group and serves on corporate boards, including as Chair of the Board of Coyuchi Inc.; and director of Carbon38. Previously, she had also served as Chair of the Board of Seque
Grant Johnson, CMO, and Robert Purcell, CFO, Bring Seasoned Leadership to the Order-to-Cash Software Leader LAWRENCEVILLE, N.J., Jan. 10, 2023 /PRNewswire/ -- Billtrust, a B2B order-to-cash software market leader, announced two executive leadership appointments. Grant Johnson has been named Chief Marketing Officer, and Robert Purcell has been named Chief Financial Officer. The announcements come following the December 2022 EQT acquisition of Billtrust and appointment of Sunil Rajasekar as Chief Executive Officer. Billtrust has named Grant Johnson CMO and Robert Purcell CFO."I
LAWRENCEVILLE, N.J., Jan. 5, 2023 /PRNewswire/ -- Billtrust, a B2B order-to-cash software market leader, announced that it has been named the overall Leader in the G2 Grid® Report for Accounts Receivable Automation Software for Winter 2022. G2 is one of the world's largest and most trusted software marketplaces, visited by 80 million annual buyers. Billtrust is the overall Leader in the G2 Grid® Report for Accounts Receivable Automation Software for Winter 2022.Billtrust is also rated as G2's only Leader in the Best Accounts Receivable Automation Software for Enterprise Busine
VTEX (NYSE:VTEX), the global enterprise digital commerce platform, today announced the appointment of Silvia Mazzucchelli, renowned executive of the US Retail & Consumer industry, to its board of directors. Silvia has vast experience in the American market as a former C-level executive of companies like GUESS, TOMS Shoes, American Apparel, ModCloth (a Walmart ecommerce portfolio company), and The Collected Group (a KKR portfolio company). She is a senior advisor to retail and consumer practice to The Boston Consulting Group and serves on corporate boards, including as Chair of the Board of Coyuchi Inc.; and director of Carbon38. Previously, she had also served as Chair of the Board of Seque
Grant Johnson, CMO, and Robert Purcell, CFO, Bring Seasoned Leadership to the Order-to-Cash Software Leader LAWRENCEVILLE, N.J., Jan. 10, 2023 /PRNewswire/ -- Billtrust, a B2B order-to-cash software market leader, announced two executive leadership appointments. Grant Johnson has been named Chief Marketing Officer, and Robert Purcell has been named Chief Financial Officer. The announcements come following the December 2022 EQT acquisition of Billtrust and appointment of Sunil Rajasekar as Chief Executive Officer. Billtrust has named Grant Johnson CMO and Robert Purcell CFO."I
Integrated B2B Payments Leader Continues to Accelerate Global Expansion Billtrust (NASDAQ:BTRS), a B2B accounts receivable automation and integrated B2B payments leader, announced the appointment of Marco Eeman as Managing Director to lead its European operations, focusing on profitable revenue growth and customer satisfaction. Eeman was a principal of Netherlands-based Order2Cash, a leading order-to-cash platform provider, which was acquired by Billtrust in February 2022. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220913005187/en/Marco Eeman has been named by Billtrust to lead its European operations. (Photo: Business Wire)