BILL Holdings: operating margin expands sharply and core revenue rises 14% in Q1
FROM THE WIRE · FINANCE.YAHOO.COM
This article first appeared on GuruFocus. Core Revenue: $316.4 million, up 14% year-over-year. Non-GAAP Operating Margin: 39%, up 900 basis points sequentially and 1,700 basis points year-over-year. Non-GAAP Net Income: $119.1 million, up 27% sequentially and 70% year-over-year.…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishQuarterly results show strong margin expansion, which can support the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Core revenue rose 14% year-over-year to $316.4 million.
- 02Non-GAAP operating margin reached 39%, up 900 basis points sequentially.
- 03GAAP net income was $60 million, exceeding expectations.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets