earnings
confidence high
sentiment positive
materiality 0.65
BILL Q2 FY24 revenue $318.5M (+22% YoY), non-GAAP net income $73.2M; guides Q3 rev $299-309M
BILL Holdings, Inc.
2024-Q2 EPS reported
-$0.64
revenue$623,480,000
- Total revenue $318.5M (+22% YoY); core revenue $275.0M (+19%); float revenue $43.5M.
- GAAP net loss $40.4M ($0.38 loss per share) vs loss $95.1M ($0.90 loss) a year ago.
- Non-GAAP net income $73.2M ($0.63 diluted EPS), up 48% from $49.4M ($0.42) YoY.
- Served 473,500 businesses; processed $75B TPV (+11%) and 26M transactions (+23%).
- Q3 FY24 guidance: total revenue $299-309M, non-GAAP net income $56-66M, EPS $0.48-0.57.