BILL Holdings, Inc. (NYSE:BILL) shares are trading higher after the company reported its fourth-quarter and fiscal year 2024 earnings after the closing bell Thursday. Here's a look at the details from the report.
The Details: Bill Holdings reported quarterly losses of 3 cents per share which beat the analyst consensus estimate of losses of 20 cents by 85%. Quarterly revenue came in at $343.665 million, which beat the analyst estimate by 5.47% and represents growth of 16.11% year-over-year.
Core revenue, which consists of subscription and transaction fees, was $301.3 million, an increase of 16% year-over-year.
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