BILL Holdings, Inc. Provides Financial Guidance for the Fourth Quarter and Full Year Ending June 30, 2024
May 02, 2024 at 04:05 pm EDT
Share
BILL Holdings, Inc. provided financial guidance for the fourth quarter and full year ending June 30, 2024. For the quarter, the company expects total revenue to be $320 million to $330 million.
For the full year, the company expects total revenue to be $1,267 million to $1,277 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.