Bill Holdings Shares Climb on Strong Q4 Report: Details

Bill Holdings Inc. (NYSE: BILL ) posted its fourth-quarter results after Wednesday’s closing bell, beating estimates on the top and bottom lines. Here’s a look at the details inside the report.

Bill Holdings reported quarterly earnings of 84 cents per share, which beat the consensus estimate of 70 cents by 18.3%. Quarterly revenue came in at $436.19 million, which beat the Street estimate of $430.55 million.

Bill reported the following quarterly highlights: Served 479,300 businesses using BILL solutions as of the end of the fourth quarter. Processed $98 billion in total payment volume in the fourth quarter, an increase of 14% year-over-year. Processed 37 million transactions during the fourth quarter, an increase of 14% year-over-year. Core revenue, which co...