Paymentus Holdings, Inc. (NYSE:PAY) Q1 2024 Earnings Call Transcript

But if we get into the granularity of that trend by quarters, I’m not sure it’s going to produce an effective result for you to understand the business. That said, I would still say that overall Q1 is the most soft quarter for us from a contribution margin perspective. We saw that last year. We saw that this year and years also we’ve seen. So Q2, I would expect contribution profit to get better, contribution margins to get better as well. And as you would see in the guidance, the contribution margin does bounce around from one quarter to the other. But overall, for the whole year, I think we are in a very decent shape. So contribution profit dollars definitely, we expect them to increase in the year in the coming quarters.

Operator: That concludes our question-and-answer session. At this time, I would like to pass it back to our management team for any closing remarks.

Dushyant Sharma: Thank you everyone for your time today. Have a great day. Thank you.

Operator: That concludes today’s conference call. Thank you for your participation. You may now disconnect your lines.