earnings
confidence high
sentiment positive
materiality 0.75
BILL Q1 FY2023: Revenue $229.9M (+94% YoY), core revenue +83%, non-GAAP profitable
BILL Holdings, Inc.
2023-Q1 EPS reported
-$0.78
revenue$229,924,000
- Total revenue $229.9M, up 94% YoY; core revenue (subscription+transaction) $214.6M, up 83% YoY.
- Non-GAAP net income $16.9M ($0.14/diluted) vs loss of $12.1M (($0.13)/share) in prior year.
- Served 419,800 businesses; processed $64.9B payment volume (+34% YoY) and 19.6M transactions (+45% YoY).
- Q2 FY23 revenue guidance $241.5-244.5M; full FY23 revenue $994M-1,007M, both with >54% YoY growth.