-=Bill.com (BILL) reported earnings on Thur 3 Feb 22 (a/h)

 

Bill.com beats by $0.18, beats on revs; guides MarQ EPS above consensus, revs above consensus; guides FY22 EPS above consensus, revs above consensus

• Reports Q2 (Dec) net of breakeven, excluding non-recurring items, $0.18 better than the S&P Capital IQ Consensus of $(0.18); revenues rose 189.5% year/year to $156.48 mln vs the $130.95 mln S&P Capital IQ Consensus.
  • Co processed $56.4 bln in total payment volume (TPV) for Bill.com customers, an increase of 62% yr/yr.
  • Co added, "We continued to see strong growth across our business in the second quarter and delivered accelerated revenue growth at a meaningful scale."
• Co issues upside guidance for Q3 (Mar), sees EPS of $(0.16)-$(0.15), excluding non-recurring items, vs. ($0.23) S&P Capital IQ Consensus; sees Q3 revs of $157.0-158.0 mln vs. $140.31 mln S&P Capital IQ Consensus.
• Co issues upside guidance for FY22, sees EPS of $(0.46)-$(0.43), excluding non-recurring items, vs. ($0.79) S&P Capital IQ Consensus; sees FY22 revs of $597.0-600.0 mln vs. $540.35 mln S&P Capital IQ Consensus.