earnings
confidence high
sentiment positive
materiality 0.75
BILL Q1 revenue $358.5M (+18% YoY); core $314.9M (+19%); GAAP net income $8.9M vs loss
BILL Holdings, Inc.
2024-Q1 EPS reported
$0.08
revenue$358,450,000
- Total revenue $358.5M (+18% YoY); core revenue (subscription + transaction fees) $314.9M (+19% YoY).
- GAAP net income $8.9M ($0.08 diluted) vs net loss of $27.9M; non-GAAP net income $68.6M ($0.63 diluted).
- Repurchased $200M of common stock (3.7M shares) during Q1.
- Q2 FY25 guidance: core revenue $316-321M (15-17% YoY); FY25 core revenue $1.291-1.316B (15-17% YoY).
- Total payment volume $80B (+14% YoY); hired Mary Kay Bowman as EVP Payments and Financial Services.