Bottomline Technologies reported unaudited consolidated earnings results for the second quarter and six months ended December 31, 2014. For the quarter, the company reported total revenues of $82,225,000 compared to $73,405,000 a year ago. Income from operations was $1,734,000 compared to loss from operations of $2,592,000 a year ago. Loss before income taxes was $1,853,000 compared to $5,983,000 a year ago. Net loss was $1,962,000 or $0.05 per basic and diluted share compared to $7,265,000 or $0.20 per basic and diluted share a year ago. Core earnings per share were $0.41 in the second quarter compared to $0.28 in the second quarter of last year. Core net income was $15.4 million compared to $10.3 million a year ago. EBITDA of $18.6 million was up 31%. The company generated $12 million of cash flow from operations.

For the six months period, the company reported total revenues of $163,568,000 compared to $140,654,000 a year ago. Income from operations was $2,420,000 compared to loss from operations of $3,638,000 a year ago. Loss before income taxes was $4,814,000 compared to $11,069,000 a year ago. Net loss was $5,230,000 or $0.14 per basic and diluted share compared to $13,313,000 or $0.37 per basic and diluted share a year ago. Core net income was $29.4 million compared to $20.5 million a year ago. Core earnings per share were $0.77 compared to $0.55 for the six months ended December 31, 2013.

The company is projecting revenue of $82.1 million in third quarter of 2015 and $86.2 million in fourth quarter of 2015, and EPS is forecasted at $0.30 in third quarter of 2015 and $0.33 in fourth quarter of 2015.

The company provided earnings guidance for the year 2015. For the year 2015, the company expects revenue of $333 million and EPS of $1.41, which, despite the currency headwind, is an increase over the $301 million and $1.29 reported in fiscal 2014.