FMP

FMP

Bill.com stock up 29% Following Q4 Results

Bill.com Holdings, Inc. (NYSE: BILL) shares surge more than 29% today following the company’s release of its Q4/2021 results. While the company delivered quarterly EPS loss of $0.07, which was worse than the consensus estimates of $0.04, the revenues grew 86% y/y to $78.3 million beating the street estimate of $62.1 million. The company expects total revenue for FY2022 to be $476–480M, which represents a growth of +100% to 102% y/y.

Analysts at Oppenheimer believe the company is poised to be one of the most strategic financial platforms in the worldwide SMB market, with its core competitive differentiators, such as efficient go-to-market strategies and a broad-and-expanding platform that spans payments, A/R, spend management, artificial intelligence, and analytics.