BILL Reports Second Quarter Fiscal Year 2024 Financial Results

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/22/2026

1. META
2. TSLA
3. IBM
4. TXN
5. MRNA
6. SAP
7. CSX
8. LRCX
9. MRK
10. LVS

Go back to BILL Reports Second Quarter Fiscal Year 2024 Financial Results

Bill.com (BILL) shares slide as take-rate decline overshadows solid FQ2 results

February 8, 2024 4:42 PM EST

Bill.coms (NYSE: BILL) shares fell 5% in premarket trading Friday as investors reacted to a worse-than-feared take-rate decline, eclipsing strong FQ2 results.

For the second quarter, the cloud software provider delivered an EPS of $0.63, exceeding the consensus estimate of $0.40. The company's revenue for the quarter stood at $318.5 million, notably above the expected $298.82 million.

Total payment volume for the quarter reached $75 billion, marking an 18% year-over-year increase and beating the estimate of $64.17 billion.

Gross profit... More