Bill.com Plunges 33% as Weak Outlook Overshadows S…
From Barchart: 2025-02-07 12:48:00
Bill.com (NYSE:BILL) shares plummeted over 33% intra-day due to disappointing Q3 guidance, despite strong Q2 performance. Q2 earnings per share of $0.56 beat estimates, with revenue at $362.6 million, up 14% YoY. However, Q3 guidance fell short with projected revenue of $352.5 million to $357.5 million, signaling potential slowdown.
For FY 2025, Bill.com raised adjusted EPS forecast to $1.87-$1.97, exceeding consensus, but revenue guidance of $1.454 billion to $1.469 billion met expectations. Investors concerned about slowing revenue growth despite profitability gains.
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