BILL HOLDINGS, INC - BILL STOCK NEWS

BILL (NYSE:BILL), a financial operations platform for small and midsize businesses, has announced its participation in the upcoming UBS Global Technology and AI Conference scheduled for Wednesday, December 4, 2024, at 1:55 p.m. PT.

A live webcast and replay will be accessible through BILL's investor relations website. The company's integrated platform specializes in automating payables, receivables, and spend management for SMBs, serving hundreds of thousands of businesses through its proprietary network of millions of members to facilitate faster payments.

BILL (NYSE: BILL), a financial operations platform for SMBs, announced its Q1 FY2025 financial results. Total revenue rose 18% year-over-year to $358.5 million, driven by a 19% increase in core revenue to $314.9 million. Subscription fees grew 8% to $67.4 million, while transaction fees surged 22% to $247.5 million. The company achieved a gross profit of $293.8 million with an 82% gross margin.

Non-GAAP operating income doubled to $67.1 million. Net income was $8.9 million, or $0.08 per share, compared to a net loss of $27.9 million in Q1 FY2024. BILL also repurchased $200 million in common stock. The company served 476,200 businesses and processed $80 billion in total payment volume.

For Q2 FY2025, BILL expects revenue between $355.5 million and $360.5 million, and for FY2025, revenue between $1.439 billion and $1.464 billion.

BILL (NYSE: BILL) has been named a 2024 Power Partner Award winner by Inc. in the Financial Services category for the second consecutive year. The company serves as a financial operations platform for small and midsize businesses (SMBs), helping over 470,000 businesses manage their financial operations. BILL's platform processed nearly $300 billion in payment volume and facilitated more than 100 million payment transactions in FY24, representing approximately 1% of U.S. GDP. The platform connects 7.1 million network members for electronic payments, focusing on automating bill payments, receivables, and expense management for SMBs.

BILL (NYSE: BILL), a leading financial operations platform for small and midsize businesses (SMBs), has announced it will report its fiscal first quarter 2025 financial results on Thursday, November 7, 2024, after the market close. The company will host a webcast at 1:30pm PT (4:30pm ET) on the same day to discuss the results.

The news release containing the financial results and a link to the webcast will be available on BILL's investor relations website (https://investor.bill.com). For those unable to attend the live event, a replay of the webcast will also be accessible on the company's investor relations website.

BILL, a financial operations platform for SMBs, has announced new payment offerings to enhance speed, ease, and security for businesses and accountants. The innovations include:

1. Local Transfer: A new international payment option allowing same-day payments in local currencies without intermediary bank fees.

2. Instant Payment: An enhanced feature enabling real-time payments within the U.S., available 24/7 including holidays.

3. Invoice Financing: A simplified process offering up to $100,000 in short-term credit against outstanding invoices, accessible within 5-10 minutes after approval.

These offerings aim to provide SMBs with more flexibility, control, and access to capital, addressing the increasing complexity of global payments and cash flow management.

BILL (NYSE: BILL), a leading financial operations platform for SMBs, has appointed Bobbie Grafeld as its new Chief People Officer. Grafeld, who brings over 20 years of experience in driving people transformation and aligning employee initiatives with company strategies, will oversee the People Team and report directly to CEO and Founder René Lacerte.

Grafeld's impressive background includes roles as Chief People Officer at RingCentral and 2K Games, as well as HR and business leadership positions at Walmart, eBay, PayPal, and Wells Fargo Bank. Her expertise in fostering top talent, driving business scale, and developing high-performing, diverse teams aligns with BILL's growth objectives and company culture.

As a former small business owner, Grafeld understands the challenges entrepreneurs face, making her well-suited to contribute to BILL's mission of helping SMBs and accountants succeed.

BILL (NYSE: BILL), a leading financial operations platform for SMBs, has announced the appointment of Mary Kay Bowman as EVP, GM of Payments and Financial Services. Bowman, a seasoned payments industry leader with over 20 years of experience, will oversee the company's payments and financial services business, reporting directly to CEO and Founder René Lacerte.

Bowman's extensive background includes leadership roles at Visa, Square, Amazon, and Digital River. Her appointment is aimed at accelerating BILL's innovation agenda, enhancing existing payment offerings, and delivering new options for SMB and accountant customers. This strategic move is expected to strengthen BILL's position as the essential financial operations platform for small and midsize businesses.

BILL (NYSE: BILL), a leading financial operations platform for small and midsize businesses (SMBs), has announced its participation in the upcoming Autonomous Future of Commerce Virtual Symposium. The event is scheduled for Thursday, September 12, 2024, at 9:10am PT.

Investors and interested parties can access the live webcast and replay of BILL's presentation through the company's investor relations website at https://investor.bill.com/. BILL's platform helps SMBs efficiently manage their payables, receivables, and spend and expense management. The company serves hundreds of thousands of businesses and is headquartered in San Jose, California.

BILL (NYSE:BILL), a leading financial operations platform for small and midsize businesses (SMBs), has announced its participation in two upcoming investor conferences. The company will be presenting at the Deutsche Bank Technology Conference on August 28, 2024, at 9:30am PT, and the Goldman Sachs Communacopia + Technology Conference on September 10, 2024, at 9:30am PT.

Live webcasts and replays of these presentations will be available on BILL's investor relations website. BILL's integrated platform helps SMBs efficiently manage their payables, receivables, and spend and expense management. The company serves hundreds of thousands of businesses and is headquartered in San Jose, California.