earnings
confidence high
sentiment positive
materiality 0.80
Bill.com Q2 revenue up 190% to $156.5M; appoints new CRO, net loss $(0.78)/share
BILL Holdings, Inc.
2023-Q2 EPS reported
-$1.56
revenue$274,827,000
- Revenue $156.5M (+190% YoY); core revenue (subscription + transaction) $155.5M (+197% YoY); organic core revenue $97.0M (+85% YoY).
- GAAP net loss $80.4M ($0.78/sh) vs loss $17.2M ($0.21/sh) YoY; non-GAAP net loss near zero at $220K.
- Blake Murray, CEO of Divvy subsidiary, appointed CRO effective immediately; Thomas Clayton resigns as CRO effective Feb 18, 2022.
- Q3 FY22 revenue guidance $157-158M (163-164% YoY); full year FY22 revenue $597-600M (151-152% YoY).
- Served 135k Bill.com customers; processed $56.4B in total payment volume (+62% YoY).