BILL Q2 FY23 revenue $260M (+66% YoY), non-GAAP EPS $0.42; $300M buyback authorized

BILL Holdings, Inc.

2023-Q2 EPS reported -$1.68 revenue$489,930,000

Total revenue $260.0M (+66% YoY); core revenue $231.1M (+49%); float revenue $28.9M.
GAAP net loss $95.1M ($0.90 loss per share) vs $80.4M loss in prior year.
Non-GAAP net income $49.4M ($0.42 per diluted share); non-GAAP op income $30.8M.
Q3 FY23 guidance: revenue $245-248M, non-GAAP EPS $0.22-0.25; FY23 rev $999-1007M.
Board authorized $300M share repurchase program over 12 months; may be suspended anytime.

item 2.02 item 5.02 item 7.01 item 9.01

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Departed

Rory O’Driscoll

Director

BILL · BILL Holdings, Inc.

Effective: 2023-01-31
Filed: February 2, 2023, 6:59 PM ET

On January 31, 2023, Rory O’Driscoll notified the Board of Directors (the “Board”) of the Company of his intent to resign from the Board effective January 31, 2023.

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

BILL Holdings, Inc. reported second fiscal quarter ended December 31, 2022 results: revenue $260.0 million, net income $95.1 million, EPS ($0.90) per share. Guidance initiated.

Period: second fiscal quarter ended December 31, 2022
Revenue: $260.0 million
Net income: $95.1 million
EPS: ($0.90) per share
Guidance: initiated
Result: reported results

Exact text from the filing

for the Second Quarter of Fiscal 2023: The financial measures listed below identified as BILL standalone exclude the results of Divvy and Invoice2go. • Total revenue was $260.0 million, an increase of 66% year-over-year. • Core revenue, which consists of subscription and transaction fees, was $231.1 million, an increase of 49% year-over-year. ◦ Subscription

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Executive change SEC 8-K Item 5.02 confidence 1.0

Rory O’Driscoll resigned as Director at BILL Holdings, Inc..

Action: resigned
Role: Director

Exact text from the filing

On January 31, 2023, Rory O’Driscoll notified the Board of Directors (the “Board”) of the Company of his intent to resign from the Board effective January 31, 2023.

View on SEC.gov

59 earnings releases filed in the last 30 days. Browse all earnings releases →

BILL Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001786352-23-000006

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