Bill Holdings Shares Dive After 3Q Revenue Guidance Below Estimates

Dow Jones
02-07

By Denny Jacob

 

Bill Holdings shares dived 28% in premarket trading after its revenue guidance for the current quarter came in below Wall Street's prediction.

Shares were trading around $69.28. The stock is up 47% over the last year.

The business-assistance software company forecast third-quarter revenue between $352.5 million and $357.5 million. This was below the average consensus forecast of revenue around $360.3 million, according to analysts polled by FactSet prior to Thursday's announcement.

 

Write to Denny Jacob at denny.jacob@wsj.com

 

(END) Dow Jones Newswires

February 07, 2025 06:44 ET (11:44 GMT)

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