Bill.com (BILL) Tops Q1 EPS by 8c; Guides Higher

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Go back to Bill.com (BILL) Tops Q1 EPS by 8c; Guides Higher

BILL Reports First Quarter Fiscal Year 2023 Financial Results

November 3, 2022 4:06 PM EDT

Q1 Core Revenue Increased 83% Year-Over-Year Q1 Total Revenue Increased 94% Year-Over-Year

SAN JOSE, Calif.--(BUSINESS WIRE)-- BILL (NYSE: BILL), a leader in financial automation software for small and midsize businesses (SMBs), today announced financial results for the first fiscal quarter ended September 30, 2022.

We delivered excellent results in the first quarter. Revenue grew in excess of 90% year-over-year, we achieved non-GAAP profitability, and we had a record number of customer net adds for the quarter, said René Lacerte, BILL CEO and Founder. Our solutions are helping more than 400,000... More