BILL HOLDINGS, INC Stock Price, News & Analysis

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.

Bill.com (NYSE: BILL) announced its Q4 and fiscal year 2022 financial results, highlighting a 151% year-over-year increase in core revenue, reaching $194.8 million. Transaction fees surged 201% to $139.6 million. Despite strong growth, net loss widened to $84.9 million or ($0.81) per share. The company processed $60.7 billion in payment volume in Q4 and served 400,000 businesses. Looking ahead, Bill.com targets a revenue guidance of $955.5 to $973.5 million for fiscal year 2023, indicating continued growth.

Bill.com (NYSE:BILL) has announced the appointments of Irana Wasti as Chief Product Officer and Sofya Pogreb as Chief Operating Officer. Both will report to CEO René Lacerte. Wasti brings extensive experience from roles at Typeform and GoDaddy, while Pogreb has over 20 years in fintech with leadership positions at NEXT Insurance and PayPal. Their expertise is expected to enhance Bill.com's mission to simplify financial operations for small and midsized businesses globally.

Bill.com (NYSE: BILL) is set to report its financial results for Q4 and fiscal year ending June 30, 2022, on August 18, 2022, after market close. A webcast will follow at 1:30 PM PT to discuss the outcomes. Bill.com, headquartered in San Jose, CA, provides cloud-based software to automate financial operations for small and midsize businesses. Solutions include expense management via Divvy and mobile invoicing with Invoice2go. More details will be available on their investor relations website.

Bill.com (NYSE:BILL) has appointed Tina Chan Reich to its board of directors. With over 20 years of experience in global financial services, Reich has held significant roles, including Senior VP at American Express and Chief Risk Officer at Credibly. Her expertise in credit, risk management, and analytics will enhance Bill.com's mission to provide streamlined financial operations for small and midsize businesses (SMBs). CEO René Lacerte praised her passion for SMB support, anticipating improved product offerings under her guidance.

Bill.com (NYSE:BILL) has announced the winners of its ‘Grow’ award program, designed for small business owners from underrepresented groups. A total of $200,000 was awarded to 20 winners, chosen from 31,000 applicants. Prizes included cash awards of $15,000, $10,000, and $5,000, alongside a one-year subscription to Invoice2go. The program aims to support minority-led businesses by providing financial resources and mentorship, emphasizing the company's commitment to enhancing diversity in the finance sector.

Bill.com (NYSE:BILL), a top provider of cloud-based software for SMBs, announced its participation in several upcoming investor conferences. Key events include the J.P. Morgan 50th Annual Global Technology, Media & Communications Conference on May 23, 2022, Jefferies Software Conference on June 1, 2022, William Blair's 42nd Annual Growth Stock Conference on June 7, 2022, and BofA Securities' 2022 Global Technology Conference on June 9, 2022. Live webcasts will be available on the company's investor relations website. Presentation times may change.

Bill.com (NYSE:BILL) has appointed Michael DeAngelo as the new Chief People Officer, reporting directly to CEO René Lacerte. DeAngelo brings over two decades of experience in HR and business transformation, having held leadership roles at notable companies such as Google and Pepsico. His appointment aims to enhance Bill.com's mission of supporting small and midsized businesses (SMBs) in their digital transformation efforts. DeAngelo's expertise in scaling teams aligns with the company's growth goals.