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DJ Bill.com Shares Trading Higher After Co. Reports 2Q Financial Results

· 02/04/2021 17:39
By Stephen Nakrosis

Shares of financial software company Bill.com Holdings Inc. are trading higher in Thursday's after-hours market, following the company's release of second-quarter financial results that showed revenue increased in the period.

The company reported second-quarter revenue of $54 million, up 38% from the year-ago period. Bill.com also said core revenue rose 59% year-over-year.

For the second-quarter, the company reported a net loss of $17.2 million, or 21 cents per share. In the year ago period, Bill.com reported a net loss of $7.6 million, or 34 cents per share.

The company also said it served 109,200 customers as of the end of the second quarter, up 27% year-over-year.

At 5:28 p.m. EST, the company's shares were trading 7.2% higher, at $149.94. Volume at the time topped 52,000 shares. The company's stock finished the day's regular session with a 4.23% gain, closing at $139.87.

Earlier Thursday, Bill.com said Steve Fisher, a former executive at eBay and Salesforce, joined the company's board of directors.

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

February 04, 2021 17:39 ET (22:39 GMT)

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