Bill.com Holdings, Inc. Provides Earnings Guidance for the Second Quarter Ending December 31, 2021 and Full Fiscal Year Ending June 30, 2022
November 04, 2021 at 04:05 pm
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Bill.com Holdings, Inc. provided earnings guidance for the second quarter ending December 31, 2021 and full fiscal year ending June 30, 2022. For the quarter, the company expects total revenue to be in the range of $130.0 million to $1312 million.
For the year, the company expects total revenue to be in the range of $538.0 million to $541.0 million.
BILL Holdings, Inc. is a provider of software-as-a-service, cloud-based payments, and spending and expense management products. It enables users to automate accounts payable and accounts receivable transactions, enable businesses to connect with their suppliers and/or customers to do business, eliminate expense reports, manage cash flows, and improve back-office efficiency. It offers financial automation software for small and midsize businesses (SMBs). Through its automated solutions, it helps SMBs simplify and control their finances. It is a partner of the United States financial institutions, accounting firms, and accounting software providers. Its artificial-intelligence (AI)-enabled financial software platform creates connections between its customers, their suppliers, and their clients. Businesses on its platform generate and process invoices, streamline approvals, make, and receive payments, manage employee expenses, sync with their accounting system, and manage their cash.