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BILL / BILL Holdings stock tumbles on forecast

Shares of Bill Holdings Inc. BILL, +1.37% tumbled 29% after hours on Thursday after the financial software firm cut its full-year sales outlook, as inflation and consumer uncertainty pose a bigger threat to its smaller-business customers. The company, whose software helps small businesses handle payments, invoices and expenses, said it expected full-year revenue of $1.205 billion to $1.245 billion and adjusted per-share profit of $1.64 to $1.97. Read More

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Posted: Nov 2 2023, 17:23

Author Name: Market Watch

BILL News

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