Bill Holdings' stock slumps as mixed forecast overshadows earnings beat

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 97%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

The company beat expectations with its latest financials but posted a light revenue forecast for the current period.

Shares of Bill Holdings Inc. slipped more than 2% in after-hours trading Thursday after the company, which makes software that helps businesses automate back-office processes, beat expectations with its latest financials but posted a light revenue forecast for the current period.

The company logged a fiscal fourth-quarter net loss of $15.9 million, or 15 cents a share, compared with a loss of $84.9 million, or 81 cents a share, in the year-earlier period. On an adjusted basis, Bill BILL, -3.23% earned 59 cents a share, while analysts tracked by FactSet were expecting 41 cents a share.

The company expects 48 cents to 50 cents in adjusted earnings per share for the fiscal first quarter, along with revenue of $295.5 million to $298.5 million. While the earnings forecast came in ahead of the FactSet consensus of 40 cents a share, Bill’s revenue outlook trailed consensus expectations for $300 million.

Bill also models $1.82 to $1.87 a share in adjusted earnings for the fiscal year, on revenue of $1.289 billion to $1.307 million. The FactSet consensus was for $1.81 in adjusted EPS and $1.308 billion in revenue.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 3. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Luxury American Company Tapestry to Acquire Capri Holdings in a Bid to Rival European Luxury Conglomerates.The US 8.5 Billion dollar deal is a strategic move by Tapestry to create a 'new powerful global luxury house'.
출처: Luxuo - 🏆 571. / 51 더 많은 것을 읽으십시오 »