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BILL Holdings, Inc. - BILL STOCK NEWS

Welcome to our dedicated page for BILL Holdings news (Ticker: BILL), a resource for investors and traders seeking the latest updates and insights on BILL Holdings stock.

BILL Holdings, Inc. (NYSE: BILL) is a prominent provider of cloud-based software-as-a-service (SaaS) solutions focused on automating financial operations for small and midsize businesses (SMBs). Headquartered in San Jose, California, BILL helps over 2 million members process $36 billion in payments annually, significantly reducing the time and effort required for financial back-office operations.

BILL's integrated platform streamlines accounts payable (AP) and accounts receivable (AR) transactions, enabling businesses to connect seamlessly with suppliers and customers. This platform not only automates end-to-end processes but also ties together critical elements such as finance and accounting programs, banks, vendors, accounting professionals, and essential documents.

The company boasts a strong partnership network, being the preferred choice for three of the top ten U.S. banks, leading accounting software providers like QuickBooks Online and Xero, and over 50% of the top 100 accounting firms in the United States. BILL is also the only business payments solution endorsed by the American Institute of CPAs (AICPA).

Recent achievements include BILL's partnership with global financial technology platform Adyen. This collaboration aims to enhance BILL's AP and AR solutions through advanced acquiring and issuing experiences. The integration of Adyen's card issuing services into BILL's virtual card offering exemplifies the company's commitment to innovation and providing seamless payment experiences for SMBs.

As a recipient of more than 70 awards, including multiple PC Magazine’s Editor’s Choice Awards, BILL continues to be recognized for its contributions to the financial technology sector. Notably, CEO René Lacerte was recently honored as an Ernst & Young (E&Y) Entrepreneur of the Year.

Moreover, BILL's financial condition remains robust due to its successful Initial Public Offering (IPO) and subsequent follow-on offerings. The company's financial products and services continue to evolve, ensuring that SMBs can manage their cash flows efficiently, eliminate expense reports, and improve overall back-office efficiency.

For more information and latest updates about BILL, visit bill.com.

News

BILL Reports Second Quarter Fiscal Year 2024 Financial Results

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BILL, a leading financial operations platform for SMBs, reported a 22% increase in total revenue and a 19% increase in core revenue in the second fiscal quarter. The company's financial performance was strong, with non-GAAP net income increasing by 48% year-over-year and reflecting a 23% margin. BILL served 473,500 businesses and processed $75 billion in total payment volume in the second quarter. The company also provided guidance for the fiscal third quarter and full fiscal year ending June 30, 2024.
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Adyen Partners With BILL to Provide Advanced Card Issuing Capabilities

Rhea-AI Summary
Adyen (AMS: ADYEN) has announced a partnership with BILL to provide advanced acquiring and issuing experiences for BILL's accounts payable (AP) and accounts receivable (AR) solutions. The partnership involves Adyen's card acquiring and issuing capabilities, enhancing BILL's suite of financial products and services. Adyen's embedded financial product suite now supports BILL's card products and services, providing technology to drive further innovation and opportunities to help SMBs thrive through seamless payment experiences.
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BILL to Report Second Quarter Fiscal 2024 Financial Results on February 8, 2024

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BILL (NYSE: BILL) is set to report its financial results for the fiscal second quarter ended December 31, 2023. The company will host a webcast to discuss the results and the news release will be accessible at the BILL investor relations website. The webcast replay will also be available on BILL’s investor relations website.
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BILL Unveils New Features for BILL Spend & Expense to Enhance Visibility and Control of Business Finances for SMBs and Accountants

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BILL (NYSE: BILL), a leading financial operations platform for small and midsize businesses (SMBs), has announced new features for its Spend & Expense solution, formerly known as Divvy, to help SMBs and accounting firms gain even greater visibility and control of their business finances. The latest capabilities include customizable spend target limits, enhanced policy controls, and a new budget groups feature, all designed to streamline budget management and increase efficiency.
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PROS Holdings, Inc. Announces Appointment of Michelle H. Benfer to Board of Directors

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PROS Holdings, Inc. (NYSE: PRO) announced the appointment of Michelle H. Benfer to its board of directors effective November 16, 2023. Benfer, a skilled leader with over 20 years of experience in driving successful sales teams, joins as an independent director. She currently serves as Senior Vice President of Sales for BILL Holdings (NYSE: BILL) and previously held sales leadership roles at HubSpot (NYSE: HUBS), LogMeIn, AOL, Meredith Corporation, and Condé Nast.
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BILL to Participate in Upcoming Investor Conferences

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BILL (NYSE:BILL) Announces Participation in Upcoming Investor Conferences
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BILL Responds to Market Rumor

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BILL (NYSE: BILL) responds to market rumors about financial automation software for SMBs
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BILL Reports First Quarter Fiscal Year 2024 Financial Results

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BILL, a leader in financial automation software for SMBs, announced Q1 financial results. Total revenue increased 33% YoY to $305.0 million. Core revenue increased 24% YoY to $265.1 million. Gross profit was $249.0 million with an 81.6% gross margin. Non-GAAP gross profit was $262.7 million with an 86.1% margin. Net loss was $27.9 million, while non-GAAP net income was $63.9 million.
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BILL Announces the Promotion of John Rettig to Company President

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BILL (NYSE: BILL) has announced the promotion of John Rettig, the Chief Financial Officer (CFO), to the newly created role of President. Rettig will be responsible for go-to-market, commercial, and operational activities while retaining oversight of finance and corporate development. The promotion is effective immediately. Rettig has over 25 years of strategic finance and operational leadership experience, including 9 years as CFO of BILL. The company aims to optimize resources, accelerate growth, and scale its commercial and operational functions. BILL is focused on serving small and midsize businesses (SMBs) with its financial operations platform.
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BILL Extends New Purchase Order Capabilities for Small and Midsize Businesses and Accountants to Enhance Control Over Financial Workflows

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BILL announces automation technology to streamline accounts payable workflows for SMBs and accountants using Intuit QuickBooks Desktop software. The new purchase order capabilities offer enhanced control and visibility, greater accuracy, and faster matching, saving time and improving efficiency.
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FAQ

What is the current stock price of BILL Holdings (BILL)?

The current stock price of BILL Holdings (BILL) is $89.52 as of December 20, 2024.

What is the market cap of BILL Holdings (BILL)?

The market cap of BILL Holdings (BILL) is approximately 9.2B.

What does BILL Holdings, Inc. do?

BILL Holdings, Inc. provides cloud-based software solutions for automating financial operations such as accounts payable and receivable for small and midsize businesses.

How many members does BILL Holdings, Inc. serve?

BILL Holdings, Inc. helps over 2 million members process $36 billion in payments annually.

Who are some of BILL's key partners?

BILL partners with three of the top ten U.S. banks, accounting software providers like QuickBooks Online and Xero, and over 50% of the top 100 U.S. accounting firms.

What recent achievement has BILL Holdings, Inc. accomplished?

BILL recently partnered with Adyen to enhance their accounts payable and receivable solutions with advanced acquiring and issuing experiences.

What awards has BILL Holdings, Inc. received?

BILL has received more than 70 awards, including multiple PC Magazine’s Editor’s Choice Awards.

Who is the CEO of BILL Holdings, Inc.?

René Lacerte is the CEO of BILL Holdings, Inc., and he was recently recognized as an E&Y Entrepreneur of the Year.

Where is BILL Holdings, Inc. headquartered?

BILL Holdings, Inc. is headquartered in San Jose, California.

What is unique about BILL Holdings, Inc.'s platform?

BILL's platform automates end-to-end financial processes and ties together finance and accounting programs, banks, vendors, and documents for SMBs.

What financial products does BILL offer?

BILL offers financial products that automate accounts payable and receivable, manage cash flows, and eliminate the need for expense reports.

Is BILL Holdings, Inc. a publicly traded company?

Yes, BILL Holdings, Inc. is publicly traded on the New York Stock Exchange (NYSE) under the symbol 'BILL'.

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BILL Holdings, Inc.

NYSE:BILL

BILL Rankings

#897 Ranked by Market Cap
N/A Ranked by Dividends

BILL Stock Data

9.23B
98.80M
3.19%
89.88%
3.95%
Software - Application
Services-prepackaged Software
Link
United States of America
SAN JOSE