05:09 AM EDT, 08/23/2024 (MT Newswires) -- (Updates with the stock move in the headline and the first paragraph.)

Bill Holdings ( BILL ) shares were up 7% in premarket activity on Friday after the company overnight reported a stronger-than-forecast increase in fiscal Q4 earnings and sales.

The company reported fiscal Q4 non-GAAP earnings late Thursday of $0.57 per diluted share, up from $0.48 a year earlier.

Analysts polled by Capital IQ expected $0.47.

Revenue for the quarter that ended June 30 was $343.7 million, up from $296.0 million a year earlier.

Analysts surveyed by Capital IQ expected $328 million.

The company expects non-GAAP EPS of $0.48 to $0.51 for fiscal Q1 and $1.36 to $1.61 for the full financial year 2025. Analysts surveyed by Capital IQ expect $0.51 and $2.22, respectively.

The company expects revenue of $346 million to $351 million for the quarter and $1.42 billion to $1.45 billion for the year. Analysts expect $337 million and $1.44 billion, respectively.

Price: 53.10, Change: +2.36, Percent Change: +4.65