Bill.com (BILL) Tops Q3 EPS by 6c

Bill.com (NYSE: BILL) reported Q3 EPS of ($0.04), $0.06 better than the analyst estimate of ($0.10). Revenue for the quarter came in at $41.2 million versus the consensus estimate of $36.83 million.

“Bill.com reported solid quarterly results highlighted by strong revenue growth and a healthy pace of new customer acquisition,” commented Bill.com CEO René Lacerte. “Our platform is mission-critical to SMBs and we have found this to be especially true in the current work-from-home environment. We are optimistic that our purpose-built platform will resonate even more with SMBs who are now coping with the reality that the old way of managing their back-office financial operations doesn’t work anymore.”

For earnings history and earnings-related data on Bill.com (BILL) click here.

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