earnings
confidence high
sentiment positive
materiality 0.80
BILL Q3 FY2024 revenue $323M (+19%); net income $31.8M vs loss; Q4 guidance $320-330M
BILL Holdings, Inc.
2024-Q3 EPS reported
-$0.34
revenue$946,508,000
- Total revenue $323.0M (+19% YoY); core revenue $281.3M (+17%); transaction fees $215.7M (+25% YoY).
- GAAP net income $31.8M ($0.00 diluted) vs net loss $31.1M YoY; Non-GAAP net income $68.6M ($0.60 diluted).
- Non-GAAP operating income $58.5M (+68% YoY); gross margin 83.0% vs 82.1% YoY.
- Served 464,900 businesses; $71B payment volume (+10% YoY); 26M transactions (+20% YoY).
- Q4 FY24 guidance: revenue $320-330M (8-11% YoY); Non-GAAP EPS $0.41-0.49; tax provision now 20%.