Bill.com (BILL) Tops Q2 EPS by 23c ; Offers Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- Wall St futures muted as oil gains curb risk appetite after S&P record close
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
Bill.com (BILL) shares slide as take-rate decline overshadows solid FQ2 results
February 8, 2024 4:42 PM ESTBill.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
