This post was originally published on this site
Bill Com Holdings Inc (NYSE:BILL) shares surged more than 19% after-hours following the company’s reported Q4 results, with EPS of ($0.03) coming in better than the consensus estimate of ($0.14).
Revenue increased 156% year-over-year to $200.2 million, compared to the consensus estimate of $183.16 million. Subscription fees were up 77% year-over-year to $55.2 million. Transaction fees were up 201% year-over-year to $139.6 million.
“We delivered a strong fourth quarter to conclude fiscal 2022, serving 400,000 businesses and crossing $200 million in quarterly revenue. Fiscal 2022 was a transformative year for Bill.com. We significantly expanded our platform’s solutions and extended our reach to serve customers ranging from sole proprietors to mid-market companies,” said René Lacerte, Bill.com CEO and Founder.
The company expects Q1/23 EPS in the range of $0.05-$0.07, compared to the consensus of ($0.09), and revenue in the range of $208-211 million, compared to the consensus of $187.6 million.
For the full 2023-year, the company expects EPS in the range of $0.23-$0.38, compared to the consensus of ($0.34), and revenue in the range of $955.5-973.5 million, compared to the consensus of $879.7 million.
