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 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.
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End-of-Day
-13.58%
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Adyen (AMS: ADYEN) has announced a partnership with BILL to provide advanced acquiring and issuing experiences for BILL's accounts payable (AP) and accounts receivable (AR) solutions. The partnership involves Adyen's card acquiring and issuing capabilities, enhancing BILL's suite of financial products and services. Adyen's embedded financial product suite now supports BILL's card products and services, providing technology to drive further innovation and opportunities to help SMBs thrive through seamless payment experiences.
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End-of-Day
3.91%
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BILL (NYSE: BILL) is set to report its financial results for the fiscal second quarter ended December 31, 2023. The company will host a webcast to discuss the results and the news release will be accessible at the BILL investor relations website. The webcast replay will also be available on BILL’s investor relations website.
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End-of-Day
-0.04%
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BILL (NYSE: BILL), a leading financial operations platform for small and midsize businesses (SMBs), has announced new features for its Spend & Expense solution, formerly known as Divvy, to help SMBs and accounting firms gain even greater visibility and control of their business finances. The latest capabilities include customizable spend target limits, enhanced policy controls, and a new budget groups feature, all designed to streamline budget management and increase efficiency.
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End-of-Day
6.15%
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PROS Holdings, Inc. (NYSE: PRO) announced the appointment of Michelle H. Benfer to its board of directors effective November 16, 2023. Benfer, a skilled leader with over 20 years of experience in driving successful sales teams, joins as an independent director. She currently serves as Senior Vice President of Sales for BILL Holdings (NYSE: BILL) and previously held sales leadership roles at HubSpot (NYSE: HUBS), LogMeIn, AOL, Meredith Corporation, and Condé Nast.
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Rhea-AI Sentiment
End-of-Day
2.06%
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BILL (NYSE:BILL) Announces Participation in Upcoming Investor Conferences
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2.06%
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BILL (NYSE: BILL) responds to market rumors about financial automation software for SMBs
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End-of-Day
-9.92%
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BILL, a leader in financial automation software for SMBs, announced Q1 financial results. Total revenue increased 33% YoY to $305.0 million. Core revenue increased 24% YoY to $265.1 million. Gross profit was $249.0 million with an 81.6% gross margin. Non-GAAP gross profit was $262.7 million with an 86.1% margin. Net loss was $27.9 million, while non-GAAP net income was $63.9 million.
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End-of-Day
-25.19%
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BILL (NYSE: BILL) has announced the promotion of John Rettig, the Chief Financial Officer (CFO), to the newly created role of President. Rettig will be responsible for go-to-market, commercial, and operational activities while retaining oversight of finance and corporate development. The promotion is effective immediately. Rettig has over 25 years of strategic finance and operational leadership experience, including 9 years as CFO of BILL. The company aims to optimize resources, accelerate growth, and scale its commercial and operational functions. BILL is focused on serving small and midsize businesses (SMBs) with its financial operations platform.
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Rhea-AI Sentiment
End-of-Day
-25.19%
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BILL announces automation technology to streamline accounts payable workflows for SMBs and accountants using Intuit QuickBooks Desktop software. The new purchase order capabilities offer enhanced control and visibility, greater accuracy, and faster matching, saving time and improving efficiency.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.98%
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BILL Holdings, Inc.
NYSE:BILL
BILL Rankings
BILL Stock Data
6.29B
96.40M
3.07%
99.7%
3.67%
Software Publishers
Information
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.