Bill.com beats Q4 expectations, guides Q1 revenue above consensus

SAN JOSE, Calif. - Bill.com Holdings Inc. (NYSE: NYSE:BILL ) reported better-than-expected fourth quarter results and provided first quarter revenue guidance above analyst estimates, while its full-year outlook came in mixed.

The financial operations platform for small and midsize businesses posted adjusted earnings per share of $0.57 for Q4, surpassing the analyst consensus of $0.46. Revenue rose 16% YoY to $343.7 million, exceeding expectations of $328.06 million.

"Fiscal 2024 was an important year for BILL as we fortified our position as the essential financial operations platform for SMBs," said CEO René Lacerte. "We launched our integrated platform, provided SMBs with access to capital, and empowered businesses with additional insights and control of their cash flow."

For the first quarter, Bill.com expects revenue between $346-351 million, above the $337 million consensus. However, its Q1 EPS guidance of $0.48-$0.51 fell short of the $0.51 estimate.

The company's full-year fiscal 2025 outlook was mixed. It sees revenue of $1.42-1.45 billion, in line with the $1.44 billion consensus. But its EPS forecast of $1.36-$1.61 came in well below expectations of $2.23.

Bill.com also announced a new $300 million share repurchase program, citing confidence in its strategy and future growth potential.

The company served 474,600 businesses using its solutions at the end of Q4. It processed $76 billion in total payment volume, up 10% YoY.

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Source: Investing.com