Shares of Paymentus (NYSE: PAY), a cloud-based bill payment software company were falling Thursday after the company delivered its second-quarter earnings report and slashed its 2022 guidance. As a result, the stock was down 29.4% as of 1:15 p.m. ET. Paymentus said second-quarter revenue increased 28.3% to $120 million, which topped analysts' estimates of $117.8 million.
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It’s practically impossible.
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