04:40 AM EDT, 05/03/2024 (MT Newswires) -- Bill Holdings ( BILL ) reported fiscal Q3 non-GAAP earnings Thursday of $0.60 per diluted share, up from $0.41 a year earlier.

Analysts polled by Capital IQ expected $0.54.

Revenue for the quarter ended March 31 was $323 million, compared with $272.6 million a year earlier.

Analysts surveyed by Capital IQ expected $306.7 million.

Meanwhile, the company reduced its fiscal 2024 non-GAAP EPS guidance to $1.96 to $2.03 from the prior guidance of $2.09 to $2.31. Analysts polled by Capital IQ expect $2.22.

Revenue for the fiscal year is now projected to be between $1.27 billion and $1.28 billion, compared with the prior guidance of between $1.23 billion and $1.25 billion. Analysts surveyed by Capital IQ expect $1.25 billion.

For fiscal Q4, the company said it expects non-GAAP EPS of $0.41 to $0.49. Analysts polled by Capital IQ expect $0.51. Revenue for the quarter is projected to be between $320 million and $330 million. Analysts surveyed by Capital IQ expect $317 million.

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