BILL Holdings, Inc. Files 8-K on Financials
Ticker: BILL · Form: 8-K · Filed: Aug 22, 2024 · CIK: 1786352
| Field | Detail |
|---|---|
| Company | Bill Holdings, Inc. (BILL) |
| Form Type | 8-K |
| Filed Date | Aug 22, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.00001, $300 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-reporting, 8-k
TL;DR
BILL Holdings filed an 8-K on Aug 22, 2024, covering financial results. Details TBD.
AI Summary
On August 22, 2024, BILL Holdings, Inc. filed an 8-K report. The filing primarily concerns the company's results of operations and financial condition, along with Regulation FD disclosures and financial statements. No specific financial figures or significant events were detailed in the provided excerpt.
Why It Matters
This 8-K filing provides an update on BILL Holdings, Inc.'s financial performance and operational status, which is crucial for investors to assess the company's health and future prospects.
Risk Assessment
Risk Level: low — The filing is a standard 8-K reporting financial condition and results of operations, without immediate indication of significant negative events.
Key Players & Entities
- BILL Holdings, Inc. (company) — Registrant
- August 22, 2024 (date) — Date of Report
- 6220 America Center Drive, Suite 100 San Jose, California 95002 (address) — Principal Executive Offices
- Bill.com Holdings, Inc. (company) — Former Company Name
FAQ
What specific financial results are being reported in this 8-K filing?
The provided excerpt indicates the 8-K concerns 'Results of Operations and Financial Condition' but does not detail specific financial figures.
What is the primary purpose of this 8-K filing for BILL Holdings, Inc.?
The primary purpose is to report on the company's results of operations and financial condition, along with Regulation FD disclosures and financial statements.
When was this 8-K report filed?
The report was filed on August 22, 2024.
What was BILL Holdings, Inc.'s former company name?
The former company name was Bill.com Holdings, Inc.
Where are BILL Holdings, Inc.'s principal executive offices located?
The principal executive offices are located at 6220 America Center Drive, Suite 100, San Jose, California 95002.
Filing Stats: 757 words · 3 min read · ~3 pages · Grade level 11.3 · Accepted 2024-08-22 16:07:10
Key Financial Figures
- $0.00001 — ange on which registered Common Stock, $0.00001 par value BILL The New York Stock Excha
- $300 million — to which BILL intends to purchase up to $300 million of its outstanding shares of common sto
Filing Documents
- bill-20240822.htm (8-K) — 30KB
- bill-20240630xexx991.htm (EX-99.1) — 502KB
- image_0.jpg (GRAPHIC) — 8KB
- 0001786352-24-000033.txt ( ) — 697KB
- bill-20240822.xsd (EX-101.SCH) — 2KB
- bill-20240822_lab.xml (EX-101.LAB) — 21KB
- bill-20240822_pre.xml (EX-101.PRE) — 12KB
- bill-20240822_htm.xml (XML) — 3KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On August 22, 2024, BILL Holdings, Inc. (the "Company") issued a press release and will hold a conference call regarding its financial results for the fourth quarter and fiscal year ended June 30, 2024. A copy of the press release is furnished as Exhibit 99.1 to this report. The Company makes reference to certain non-GAAP financial information in both the press release and the conference call. A reconciliation of GAAP to non-GAAP results is provided in the press release attached as Exhibit 99.1 hereto.
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On August 22, 2024, the Company also announced that its Board of Directors authorized a share repurchase program, pursuant to which BILL intends to purchase up to $300 million of its outstanding shares of common stock (the "Share Repurchase Program"). The Company may repurchase shares of common stock from time to time through open market purchases, in privately negotiated transactions, or by other means, including through the use of trading plans intended to qualify under Rule 10b5-1 under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), in accordance with applicable securities laws and other restrictions. The timing and total amount of stock repurchases will depend upon business, economic and market conditions, corporate and regulatory requirements, prevailing stock prices, and other considerations. The Share Repurchase Program may be suspended, discontinued or modified at any time, and does not obligate the Company to acquire any amount of common stock. A copy of the press release announcing the Share Repurchase Program is attached as Exhibit 99.1 to this current report on Form 8-K and is incorporated by reference herein. The information furnished with Items 2.02 and 7.01 of this Form 8-K, including the exhibit attached hereto, shall not be deemed "filed" for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any other filing under the Securities Act of 1933, as amended, except as expressly set forth by specific reference in such a filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 99.1 Press release entitled " BILL Reports Fourth Quarter and Fiscal Year 2024 Financial Results and Announces $ 3 00 Million Share Repurchase Program. " 104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. BILL HOLDINGS, INC. Date: August 22, 2024 By: /s/ John Rettig John Rettig President and Chief Financial Officer