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. (BILL) delivers cloud-based financial automation solutions for businesses and institutions. This page serves as the definitive source for official announcements, strategic developments, and operational updates from the fintech innovator.
Access real-time information on earnings reports, product enhancements, partnership agreements, and regulatory filings. Our curated news collection helps stakeholders track BILL's progress in payment automation, SaaS innovation, and accounting system integrations.
Key updates on:
- Financial performance disclosures
- Platform feature releases
- Banking/accounting software partnerships
- Industry recognition and compliance milestones
Bookmark this page for streamlined monitoring of BILL's evolving role in financial operations technology. Verify time-sensitive decisions with primary source materials and official corporate communications.
BILL (NYSE: BILL) reported strong financial results for Q4 and FY 2024. Total revenue for FY24 reached $1.3 billion, up 22% year-over-year, while core revenue grew 19% to $1.1 billion. Q4 saw a 16% increase in both total and core revenue. The company announced a $300 million share repurchase program, reflecting confidence in its strategy and future growth.
Key highlights include:
- Q4 non-GAAP operating income of $60.0 million, up 42% year-over-year
- FY24 non-GAAP net income of $244.0 million, or $2.12 per diluted share
- Processed $76 billion in total payment volume in Q4, up 10% year-over-year
- Served 474,600 businesses using BILL solutions
BILL provided guidance for Q1 FY25 and full FY25, projecting continued growth in revenue and non-GAAP operating income.
BILL (NYSE: BILL), a leading financial operations platform for small and midsize businesses (SMBs), has announced it will report its fiscal fourth quarter and fiscal year 2024 financial results on Thursday, August 22, 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.
Investors and interested parties can access the news release with financial results and a link to the webcast on BILL's investor relations website (https://investor.bill.com). A replay of the webcast will also be available on the same platform for those unable to attend the live event.
Ethos Capital LP has announced the addition of four new Executive Partners: Caroline Campbell, Allie Kline, Colin Kessinger, and Nagui Elyas. These appointments bring over a century of combined experience to the firm's senior operating team. The new partners will join a group of 21 existing Executive Partners, working closely with portfolio companies throughout the investment process.
Each new partner brings unique expertise:
- Caroline Campbell: Technology and business management consulting
- Allie Kline: Business growth and transformation
- Colin Kessinger: Analytics and supply chain management
- Nagui Elyas: Education, training, and development
Ethos Capital's Managing Partners emphasized that these additions align with the firm's vision of responsible capitalism, prioritizing sustained growth over short-term profits.
BILL (NYSE: BILL), a prominent financial operations platform for SMBs, has appointed Sarah Acton as Chief Customer Officer (CCO). This newly created role emphasizes integrating the company's sales and marketing teams to enhance customer experience. Reporting directly to President and CFO John Rettig, Acton leverages her two-year tenure as BILL's Chief Marketing Officer and over 30 years of experience in marketing and sales. BILL's strategy aims to deepen relationships with over 450,000 SMB customers by understanding and addressing their evolving needs through innovative solutions. Acton’s leadership is set to drive growth and a customer-centric approach within the company.
Regions Bank and BILL have announced the launch of Regions CashFlowIQ, a new digital payment solution aimed at enhancing payment and cash-management processes for Regions' commercial clients. The platform offers advanced accounts payable and receivable capabilities, allowing businesses to automate, consolidate, and streamline their financial operations. Key features include bill payments, invoice creation, payment tracking, workflow approvals, and automatic reconciliation with accounting software. The solution supports multiple payment options, including ACH, credit/debit cards, virtual cards, checks, and international wires, providing clients with flexible and secure payment methods. Regions CashFlowIQ aims to help businesses save time and resources, enabling them to focus more on their core activities.
BILL (NYSE: BILL), a financial operations platform for SMBs, announced the repurchase of approximately $234.5 million in outstanding 0.0% Convertible Senior Notes due 2025.
The repurchase price is around $221.7 million, with the transactions set to close on June 4, 2024, pending customary conditions. Post-repurchase, $167.3 million of these notes will remain outstanding.
The company plans to cancel the repurchased notes, potentially impacting BILL's stock market price.
BILL (NYSE:BILL), a top financial operations platform for SMBs, announced its participation in the BofA Securities Global Technology Conference on June 4, 2024, at 1:20 PM PT. The event will be live-streamed and available for replay on the company's investor relations website. BILL offers an integrated platform that automates financial operations like payables, receivables, and expense management, used by hundreds of thousands of businesses. It partners with leading U.S. financial institutions and accounting firms to provide efficient financial solutions, helping SMBs thrive.
BILL (NYSE: BILL), a prominent financial operations platform catering to small and midsize businesses (SMBs), is set to participate in two significant investor conferences. These include the J.P. Morgan Global Technology, Media and Communications Conference on May 21, 2024, at 12:05 pm PT and the Jefferies Software Conference on May 29, 2024, at 1:30 pm PT.
Live webcasts and replays of these events will be accessible via the company's investor relations website. BILL’s platform streamlines payables, receivables, and expense management for hundreds of thousands of businesses, leveraging a vast proprietary network to facilitate faster transactions. The company is headquartered in San Jose, California, and collaborates with leading U.S. financial institutions and accounting firms.
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.
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.
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