Bill.com (BILL) Tops Q3 EPS by 26c, Offers Guidance
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Bill.com (BILL) stock jumps on strong earnings, revenue beat
May 5, 2023 11:29 AM EDTBill.com (NYSE: BILL) shares surged Friday after it smashed consensus earnings and revenue expectations for its third quarter. The company also topped guidance estimates.
The software firm's reported Q3 EPS of $0.50, $0.26 better than the analyst estimate of $0.24, while revenue for the quarter came in at $272.6 million, up 63% YoY and above the consensus estimate of $247.05 million.
The company's subscription fees were $66.7 million, rising 28% YoY, with transaction fees coming in at $172.8 million, up 52% YoY.
BILL shares are currently up 19% at just over $95 per share.
Looking ahead, Bill.com sees... More
