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BILL Holdings, Inc. - $BILL STOCK NEWS

Welcome to our dedicated page for BILL Holdings news (Ticker: $BILL), a resource for investors and traders seeking the latest updates and insights on BILL Holdings stock.

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Rhea-AI Summary

BILL, a financial operations platform for SMBs, reported strong Q3 financial results with a 19% total revenue increase and 68% non-GAAP operating income growth. Key highlights include a 25% increase in transaction fees, 17% core revenue growth, and 464,900 businesses served. The company also provided optimistic guidance for Q4 and FY24.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.62%
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Rhea-AI Summary

Airwallex partners with BILL to offer faster international payments for SMBs. The partnership will provide fast cross-border payment options, allowing SMBs to pay vendors in local currencies without intermediary bank fees. Airwallex's local transfer capabilities will enhance BILL's payments offerings, enabling same-day or next-day payments globally.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.05%
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none
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Rhea-AI Summary
BILL (NYSE: BILL) will announce its fiscal third-quarter financial results on May 2, 2024, for small and midsize businesses. A webcast will follow to discuss the results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.84%
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conferences earnings
Rhea-AI Summary
BILL (NYSE: BILL) announces repurchase of $748.2 million 0.0% Convertible Senior Notes due 2025, impacting market price.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.81%
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buyback
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Rhea-AI Summary
BILL (NYSE: BILL) introduces innovative cash flow forecasting and insights capabilities for SMBs, empowering better business decisions. The new offerings, BILL Insights and BILL Cash Flow Forecasting, integrated into the BILL Financial Operations Platform, aim to optimize cash flow management. SMBs can predict future cash flow, gain timely visibility into business performance, and identify financial trends to maximize potential. The tools are currently available to select customers and will expand in Q1 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.12%
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Rhea-AI Summary
BILL unveils The BILL 2024 State of Financial Automation Report, highlighting SMBs' positive outlook on AI and automation in financial operations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.7%
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AI
Rhea-AI Summary
Xero partners with BILL to enhance accounts payable experience for US customers by embedding a bill pay solution, aiming to streamline payment processes and improve cash flow management for small businesses.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.67%
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partnership
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Rhea-AI Summary
BILL (NYSE:BILL) announces participation in upcoming investor conferences, including Citi FinTech, Morgan Stanley Technology, KeyBanc Emerging Technology, and Wolfe FinTech. Live webcasts and replays will be available on the Company's investor relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.59%
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conferences
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Rhea-AI Summary
BILL (NYSE: BILL) has been named to G2’s annual Best Software Awards, with BILL Accounts Payable and Accounts Receivable maintaining the top position on G2’s Top 50 Accounting and Finance Software Products for 2024 list. Irana Wasti, Chief Product Officer of BILL, emphasizes the company's commitment to serving SMBs and accountants.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.17%
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none
Rhea-AI Summary
BILL, a leading financial operations platform for SMBs, reported a 22% increase in total revenue and a 19% increase in core revenue in the second fiscal quarter. The company's financial performance was strong, with non-GAAP net income increasing by 48% year-over-year and reflecting a 23% margin. BILL served 473,500 businesses and processed $75 billion in total payment volume in the second quarter. The company also provided guidance for the fiscal third quarter and full fiscal year ending June 30, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-13.58%
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BILL Holdings, Inc.

NYSE:BILL

BILL Rankings

BILL Stock Data

6.12B
96.40M
3.07%
99.7%
3.67%
Software Publishers
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Link
United States of America
SAN JOSE

About BILL

bill.com is the leading business payments company helping over 2m members process $36 billion in payments annually. bill.com saves companies over 50% of the time typically spent on financial back-office operations by automating end-to-end processes. bill.com helps businesses connect and do business by tying together finance and accounting programs, banks, customers, vendors, accounting professionals, and documents. the company is the choice of 3 of the top 10 u.s. banks; leading accounting software providers quickbooks online and xero; and over 50 percent of the top 100 accounting firms. it is the only business payments solution endorsed by the american institute of cpas (aicpa). the recipient of more than 70 awards, bill.com proudly received multiple pc magazine’s editor’s choice awards and ceo rené lacerte was recently recognized as an e&y; entrepreneur of the year.