secwatch.observer — SEC 8-K summary
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Issuer:     BILL Holdings, Inc. (BILL)
CIK:        0001786352
Form:       8-K
Filed at:   2024-05-02T23:59:59+00:00
Accession:  0001786352-24-000025
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BILL Q3 FY2024 revenue $323M (+19%); net income $31.8M vs loss; Q4 guidance $320-330M
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- 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%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1786352/000178635224000025/0001786352-24-000025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1786352/000178635224000025/bill-20240502.htm
  HTML page:      https://secwatch.observer/filing/0001786352-24-000025

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer