BILL HOLDINGS, INC Stock Price, News & Analysis

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.

Bill.com (NYSE:BILL), a leading provider of cloud-based financial software for small and midsize businesses, announced its participation in multiple upcoming investor conferences. Key events include the Deutsche Bank Technology Conference on August 31, 2022, Goldman Sachs Communacopia + Technology Conference on September 12, 2022, and the Piper Sandler Growth Frontiers Conference on September 14, 2022. A presentation at the Autonomous Research Future of Commerce Symposium is also scheduled for September 15, 2022. Webcasts will be available on their investor relations website.