DJ Bill.com Shares Trading Higher After Co. Reports 2Q Financial Results
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 email@example.com
(END) Dow Jones Newswires
February 04, 2021 17:39 ET (22:39 GMT)
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