BILL Holdings (BILL) has been beaten down lately with too much selling pressure. While the stock has lost 16.2% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.How to Determine if a Stock is OversoldWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator ...

Bill Holdings (BILL -2.46%) stock hasn't lived up to investor expectations -- yet. It went public before the pandemic at a time of record initial public offering (IPO), when tech stocks were hot and valuations teetered on the unreasonable. It had a tough time proving itself in a long bear market when tech and growth stocks, as well as high valuations, went out of favor. Bill stock is now down 80% from its highs as the market is embracing tech stocks again. Is it the right time to buy?Bill's large, niche opp ...

Subscribers to Schaeffer's Weekend Trader options recommendation service received this BILL commentary on Sunday night, along with a detailed options trade recommendation -- including complete entry and exit parameters. Learn more about why Weekend Trader is one of our most popular options trading services.BILL Holdings Inc (NYSE:BILL) stock gapped lower last week, even after the company reported a fiscal second-quarter earnings and revenue beat and lifted its 2024 guidance. The shares drifted sideways into ...

Bill Holdings (BILL 0.51%) delivers a suite of unique software tools to small and mid-size businesses that are designed to help streamline their payments, bookkeeping, and budgeting. Its stock came public in 2019, and within two years, it soared by 1,521% to an all-time high of $334.70. The company was delivering exceptional growth, but it was sacrificing profitability to do so.The economic winds have shifted, and tech companies are now cutting costs and settling for slower, more sustainable revenue growth ...

SAN JOSE, Calif.--(BUSINESS WIRE)--BILL (NYSE: BILL), a leading financial operations platform for small and midsize businesses (SMBs), has once again been named to G2’s annual Best Software Awards, with BILL Accounts Payable and Accounts Receivable maintaining the top position again this year on G2’s Top 50 Accounting and Finance Software Products for 2024 list. G2’s annual Best Software Awards rank the world’s best software companies and products based on authentic, timely reviews from real users. “SMBs ...

BILL Holdings (BILL) reported second-quarter fiscal 2024 earnings of 63 cents per share, beating the Zacks Consensus Estimate by 53.66% and jumping 50% year over year.Revenues of $318.5 million increased 22.5% on a year-over-year basis and comfortably surpassed the consensus mark of $297 million. The top line was driven by 19% year-over-year growth in BILL’s core revenues.BILL processed $75 billion in total payment volume (TPV) in the reported quarter, reflecting an increase of 11.3% year over year. This in ...

Investor Deck February 2024 In addition to financial measures prepared in accordance with U.S. generally accepted accounting principles (GAAP), this presentation contains non-GAAP financial measures, including non-GAAP gross profit, non-GAAP gross margin, non-GAAP operating expenses, non-GAAP income (loss) from operations, and non-GAAP net income (loss). The non-GAAP financial information is presented for supplemental informational purposes only and is not intended to be considered in isolation or as a subs ...

Financial Data and Key Metrics Changes - Revenue for Q2 was $318 million, reflecting a 22% year-over-year growth [4][34] - Non-GAAP net income was $73 million, up 48% year-over-year, with a non-GAAP net income margin of 23% [18][34] - Free cash flow reached $74 million, representing a 23% margin, and float revenue increased by 50% year-over-year to $44 million [20][21] Business Line Data and Key Metrics Changes - Subscription revenue was $63 million, up 3% year-over-year, while transaction revenue was $212 million, up 25% year-over-year [35] - Total payment volume (TPV) was $75 billion in Q2, reflecting an 11% year-over-year growth, with stand-alone TPV growth improving to 10% year-over-year [19][34] - BILL's Spend and Expense card payment volume was $4.2 billion in Q2, increasing by 28% year-over-year [19] Market Data and Key Metrics Changes - The number of BILL's stand-alone customers increased by 18% year-over-year, with net new adds for the quarter totaling 10,100 [36] - The company retained the majority of customers who used Simple BILL Pay prior to its sunset, with a 28% year-over-year growth in Spend and Expense spending businesses [20] Company Strategy and Development Direction - The company aims to be the essential financial operations platform for SMBs, focusing on modernizing and streamlining financial operations [4][5] - There is a strategic emphasis on enhancing payment experiences and driving penetration of ad valorem solutions, particularly through card offerings and international payments [31][32] - The company is adapting its go-to-market strategy to leverage partnerships with financial institutions and accounting firms to reach SMBs more effectively [12][14] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism regarding SMB spending trends, noting early signs of improvement but expecting continued choppiness in the market [23][45] - The outlook for Q3 includes an expected total payment volume increase of approximately 10% year-over-year, with non-GAAP net income projected between $56 million to $66 million [24][41] - Management highlighted the importance of adapting to macroeconomic conditions and focusing on higher propensity-to-spend customers to drive future growth [66][88] Other Important Information - The company incurred $25 million in restructuring charges in Q2 as part of efforts to enhance profitability and reallocate resources [22][39] - Non-GAAP operating expenses were $229 million, flat sequentially, with G&A expenses elevated due to increased provisions for credit losses [21] Q&A Session Summary Question: Expectations on revenue growth trajectory - Management indicated a conservative approach due to the macro environment, expecting some choppiness ahead [45] Question: Take rate trajectory and payment acceptance costs - Management noted that customers are increasingly focused on costs, impacting payment choices and monetization [46][47] Question: Distribution strategy and embedded finance - The company is focused on enhancing its distribution channels through partnerships and embedded solutions to better serve SMBs [48][49] Question: Customer acquisition and marketing spend - Management acknowledged lower marketing spend impacting customer additions but emphasized a focus on acquiring higher-quality customers [53][66] Question: Partnership with Bank of America - Management clarified that while serving new small business customers continues, the strategy for existing customers is evolving due to changes in BofA's payment strategy [81][113]

For the quarter ended December 2023, BILL Holdings (BILL) reported revenue of $318.5 million, up 22.5% over the same period last year. EPS came in at $0.63, compared to $0.42 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $296.62 million, representing a surprise of +7.38%. The company delivered an EPS surprise of +53.66%, with the consensus EPS estimate being $0.41.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall ...

Shares of Bill Holdings Inc. seesawed in after-hours trade on Thursday, as strong quarterly results ran up against questions about the business-assistance software platform’s more upbeat profit outlook following steep cuts two months ago, amid continued caution on spending among its small-business customers. Shares were down 3.6% after hours, after initially jumping 15% following the closing bell. Shares of Bill are down 24.2% over the past 12 months. For its full year, which ends on June 30, Bill said it e ...