Bill reports Q1 adjusted EPS 54c, consensus 50c

Reports Q1 revenue $305M, consensus $297.92M. “We delivered strong first quarter results as we executed on our strategy to be the essential financial operations platform for SMBs,” said Rene Lacerte, BILL CEO and Founder. “During the quarter, we also launched our integrated financial operations platform that empowers SMBs to manage their accounts payable, accounts receivable, and spend & expense all in one place with intelligent workflow and consolidated insights. This is a big step towards our objective to become the essential software for SMBs to operate and thrive.”