
Bill.com’s Upbeat Fiscal-Year Revenue Outlook Drives the Stock Sharply Higher
Friday, February 4, 2022
The company projects revenue of $597 million to $600 million for the fiscal year, higher than Wall Street forecasts.
The company projects revenue of $597 million to $600 million for the fiscal year, higher than Wall Street forecasts.
Bill.com stock spiked higher after the provider of cloud-based financial software for small businesses posted better-than-expected results.
The boards of the two fintechs have approved the deal, which is expected to close by the end of Bill.com’s first fiscal quarter ending Sept. 30.
Bill.com Holdings stock spiked 10% in after-hours trading Thursday on better-than-expected results for the company’s fiscal second quarter ended Dec. 31.