NYSE:BILL - New York Stock Exchange, Inc. - US0900431000 - Common Stock - Currency: USD
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Shares of payments and billing software maker Bill.com (NYSE:BILL) fell 34.7% in the morning session after the company reported weak fourth-quarter results. Revenue was just in line, although operating profit beat expectations. The company's core revenue, driven by subscription and transaction fees, rose 16%, but growth appears to be slowing compared to previous quarters. Also, Bill.com's revenue guidance for next quarter missed significantly, and this seems to be weighing heavily on shares, sh
Stocks witnessed strength this week amid President Donald Trump’s decision to delay the implementation of tariffs on Canada and Mexico, mixed earnings and jobs data, and relatively robust manufacturing data.
CEO René Lacerte said the company delivered strong financial results but investors did not take kindly to the revenue growth slowdown and a light forward
Bill Holdings reported Q2 FY25 earnings surpassing expectations, highlighting strong revenue growth and promising forward guidance.
Payments and billing software maker Bill.com (NYSE:BILL) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 13.9% year on year to $362.6 million. On the other hand, next quarter’s revenue guidance of $355 million was less impressive, coming in 1.6% below analysts’ estimates. Its non-GAAP profit of $0.56 per share was 20.1% above analysts’ consensus estimates.