Bill Holdings Inc is a financial technology company that provides innovative solutions to streamline the accounts payable process for small and medium-sized businesses
Its platform automates bill payments, enabling users to manage invoices, payments, and cash flow efficiently through a user-friendly interface. By integrating with various accounting systems, Bill aims to simplify financial operations, enhance visibility into spending, and improve overall financial management, allowing businesses to focus on growth and strategic initiatives. The company is committed to empowerment through automation and offers tools designed to save time and reduce administrative burdens, ultimately facilitating a smoother financial workflow.
Shares of payments and billing software maker Bill.com (NYSEBILL)
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, showing that the market cares deeply about topline for this business.
Wondering how the US markets performed one hour before the close of the markets on Friday? Discover the movers and shakers of today's session in our comprehensive analysis.
Let's have a look at what is happening on the US markets in the middle of the day on Friday. Below you can find the top gainers and losers in today's session.
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
Payments and billing software maker Bill.com (NYSEBILL) 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.
Let's have a look at what is happening on the US markets after the closing bell on Thursday. Below you can find the top gainers and losers in today's after hours session.
BILL Holdings shares are diving in Thursday's after-hours session after the company reported second-quarter financial results. Here's a rundown of the report.
BILL (NYSEBILL), a leading financial operations platform for small and midsize businesses (SMBs), today announced financial results for the second fiscal quarter ended December 31, 2024.
