Bill Holdings Q2 Earnings: Revenue And EPS Beat, Hikes Outlook And More
Portfolio Pulse from Erica Kollmann
Bill Holdings, Inc. (NYSE:BILL) reported Q2 earnings with both revenue and EPS exceeding analyst expectations, showing significant year-over-year growth. The company also raised its fiscal year 2024 revenue and EPS outlook. Despite the positive report, BILL shares dropped 2.89% in after-hours trading.
February 08, 2024 | 10:13 pm
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Bill Holdings reported higher-than-expected Q2 earnings and revenue, with significant growth over the previous year. The company also increased its FY2024 revenue and EPS guidance.
Despite Bill Holdings' strong Q2 performance and optimistic outlook for FY2024, the after-hours stock price movement indicates a negative short-term impact. This could be due to market expectations already pricing in the positive results or concerns about broader market conditions.
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