Shares of BILL Holdings Inc. (NYSE: BILL) surged over 12% in pre-market trading on November 8th, following the company's impressive fiscal first-quarter 2025 earnings report. The cloud-based software provider handily beat Wall Street's expectations for both earnings and revenue, fueling investor optimism about its growth prospects.
For the quarter ended September 30, 2024, BILL reported adjusted earnings per share of $0.63, a remarkable 26% above the consensus estimate of $0.50. Revenue soared 17.53% year-over-year to $358.45 million, comfortably exceeding analysts' expectations of $348.859 million.
The robust results underscore BILL Holdings' ability to attract new customers and drive higher adoption of its platform across existing clients. With its strong growth momentum and expanding market opportunities, investors appear optimistic about the company's prospects, sending shares sharply higher ahead of the market open.
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