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.
BILL Holdings, Inc. (NYSE: BILL) is an intelligent finance platform in the Software Publishers industry that focuses on helping small and midsize businesses manage, move, and maximize their money. This news page aggregates company-specific coverage so readers can follow how BILL’s strategy, partnerships, and financial performance evolve over time.
According to its public communications, BILL serves nearly half a million businesses and more than 9,000 accounting firms, with an integrated platform that spans accounts payable, accounts receivable, expenses, forecasting, procurement and related workflows. News about BILL often highlights its use of AI to power intelligent financial operations, including BILL AI agents that automate tasks such as W‑9 collection and receipt reconciliation and support touchless B2B transactions.
Investors and analysts can expect regular earnings announcements and financial results updates as BILL reports on its fiscal quarters and full-year performance, typically accompanied by conference calls and non‑GAAP metrics. Coverage also includes governance and board developments, such as the addition of new independent directors and cooperation agreements with shareholders like Starboard Value LP, as disclosed in Form 8‑K filings and press releases.
Because BILL positions itself as a key player in SMB financial operations, news flow frequently features strategic partnerships and embedded finance initiatives. Recent examples include arrangements with Oracle NetSuite, Paychex, and Acumatica to embed BILL’s accounts payable automation and payment capabilities directly into cloud ERP platforms. Product-focused updates, such as the launch of BILL AI and new agentic features, also appear in the company’s news stream.
For anyone tracking BILL stock, this page offers a centralized view of company-issued press releases and related coverage, making it easier to monitor developments in its intelligent finance platform, AI initiatives, partnerships, and shareholder engagement activities over time.
BILL (NYSE: BILL) reported a strong second fiscal quarter, with total revenue reaching $260.0 million, reflecting a 66% year-over-year increase. Core revenue, consisting of subscription and transaction fees, was $231.1 million, up 49% year-over-year. Notably, non-GAAP net income stood at $49.4 million, or $0.42 per diluted share. The company processed $67.3 billion in total payment volume, a 15% increase from the previous year. A share repurchase program for up to $300 million of common stock was also announced. The outlook for Q3 FY23 anticipates total revenue between $245 million and $248 million.
BILL (NYSE: BILL) announced a share repurchase program authorized to buy back up to $300 million of its common stock. CFO John Rettig expressed confidence in the company's solid business foundation and future growth potential. The repurchase will occur through open market purchases and other means, with the program lasting 12 months and subject to market conditions. BILL aims to return capital to shareholders while minimizing dilution and leveraging its strong cash flow. Further details were provided in a Form 8-K filed on February 2, 2023 with the SEC.
BILL (NYSE: BILL), a leader in financial automation for small and midsize businesses, will announce its fiscal second quarter results for the period ending December 31, 2022, on February 2, 2023, post-market.
Investors can join a webcast at 1:30 PM PT (4:30 PM ET) on the same day to discuss these results. Detailed financial data will be made available via the BILL investor relations website, which will also host a replay of the webcast.
BILL (NYSE: BILL), a leader in financial automation software for SMBs, has successfully acquired Finmark, a financial planning software provider. This acquisition aims to enhance BILL's offerings, enabling SMBs to gain comprehensive cash flow insights and streamline financial operations. CEO René Lacerte emphasized the shared vision of supporting SMBs' success, while the Chief Product Officer highlighted the added capabilities and integrations Finmark brings to BILL’s platform. The deal is positioned to accelerate digital transformations for SMBs across markets.
BILL (NYSE:BILL) has announced its participation in several upcoming investor conferences aimed at small and midsize businesses. These events include the Citi 12th Annual Financial Technology Conference on November 14, 2022, the Wells Fargo 6th Annual TMT Summit on November 29, 2022, and the Credit Suisse 26th Annual Technology Conference on November 30, 2022. Live webcasts of these presentations will be accessible through the company's investor relations website. BILL specializes in financial automation software, streamlining financial workflows for hundreds of thousands of businesses.
BILL (NYSE: BILL) reported impressive financial results for Q1 FY23, with total revenue reaching $229.9 million, a 94% increase year-over-year. Core revenue also grew by 83% to $214.6 million. Non-GAAP gross profit was $197.2 million, yielding an 85.8% gross margin. Despite a net loss of $81.6 million ($0.78 per share), the company achieved non-GAAP profitability with a net income of $16.9 million ($0.14 per share). BILL now serves nearly 420,000 businesses and processed $64.9 billion in payment volume, reflecting a robust growth trajectory.
BILL has announced the acquisition of Finmark, a financial planning software provider designed for small and midsize businesses (SMBs). This strategic move aims to enhance BILL's cash flow insights and reporting capabilities, making financial management simpler for SMBs. The acquisition is approved by both companies’ Boards and is expected to finalize by year-end, pending customary closing conditions. The integration of Finmark’s tools is projected to empower SMBs with automated forecasting and data-driven decision-making.
BILL (NYSE:BILL), a leader in financial automation software for small and midsize businesses (SMBs), has announced the appointment of Alison Wagonfeld to its board of directors. With 25 years of experience, Wagonfeld is currently the Vice President of Marketing at Google Cloud and has contributed to its significant growth since 2016. Her expertise in cloud business development and digital transformation is expected to provide valuable insights as BILL continues to scale its operations globally, enhancing its service for SMBs.
Bill.com (NYSE: BILL) will announce its financial results for the fiscal first quarter ending September 30, 2022, on November 3, 2022, after market close. A webcast discussing these results will be held at 1:30 PM PT that same day. The financial results and webcast link will be accessible via the BILL investor relations website.
BILL is a leader in financial automation software for small and midsize businesses, offering solutions to manage financial workflows, simplify finances, and enhance business operations.
Bill.com (NYSE:BILL) has appointed Loren Padelford as its new Chief Commercial Officer (CCO), overseeing sales and strategic partnerships. Reporting to CEO René Lacerte, Padelford brings extensive experience from Podium and Shopify, where he significantly contributed to revenue growth. His leadership is expected to enhance Bill.com's efforts in empowering small and midsized businesses (SMBs) through financial automation, aiming to expand its reach across the U.S. and globally.