BILL Holdings (BILL) Q2 Earnings Top Estimates, Revenues Up Y/Y

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 ...