Bill.com Stock Plunges After Q3 Results, Provides Q4 Outlook
Bill.com Holdings Inc (NYSE:BILL) reported third-quarter revenue growth of 179% year-over-year to $166.9 million, beating the consensus of $157.92 million. Core revenue, consisting of subscription and transaction fees, was $165.5 million (+182% Y/Y), and Organic core revenue was $102.1 million (+74% Y/Y). The gross margin was 77.6%, compared to 74.2% in 3Q21.…
Benzinga ·