FMP

FMP

Bill.com Holdings Q2 Preview

Deutsche Bank analysts provided their view on Bill.com Holdings, Inc. (NYSE:BILL) ahead of Q2 results to be released on Feb 3, expecting the company to deliver total revenue of $131.3 million (up 143% year-over-year) and a non-GAAP gross margin of around 78.9% with EPS of ($0.17).

The analysts expect the growth to be driven by strong demand, increased penetration of higher monetization offerings, and expanded partnerships with financial institutions and accounting firms. In addition, the analysts see the potential for synergies from the Divvy acquisition.