Bottomline Technologies falls despite strong earnings and guidance The shares are down over 4.5% at time of writing, putting the shares below the uptrend support line, which was the 10-day moving average. The company beat earnings last night by 10 cents a share for its Q2 and raised guidance for fiscal year 2013 to $1.15 versus consensus of $1.02. At the current price of $27.67, support is at the low of the session at $26.03. Resistance is at $28.49. Craig-Hallum downgraded the stock following earning to Hold citing valuation.
News For EPAY From The Last 14 Days
Check below for free stories on EPAY the last two weeks.
SMTP, Inc. appoints Lawton CFO SMTP, Inc. (SMTP) announced the appointment of Edward Lawton as CFO effective September 3. Lawton has served as Senior Director of Finance at Bottomline Technologies (EPAY)