In this case, investors were turned off by the company's guidance, which called for slower revenue growth than expected in the current quarter. Bill.com is a software company that helps small and medium-sized businesses make payments and handle back-office accounting. The company is also coming off a quarter where core revenue jumped 49% and total revenue, which includes interest earned on funds held, rose 66% to $260 million. Read More...
In this case, investors were turned off by the company’s guidance, which called for slower revenue growth than expected in the current quarter. Bill.com is a software company that helps small and medium-sized businesses make payments and handle back-office accounting. The company is also coming off a quarter where core revenue jumped 49% and total revenue, which includes interest earned on funds held, rose 66% to $260 million.
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