Bill.com Stock Plummets as Revenue Growth Slows - BitcoinEthereumNews.com
เศรษฐกิจสต็อก Bill.com ลดลงเนื่องจากการเติบโตของรายได้ชะลอตัว05 / 07 / 2022ข่าว Bitcoin Ethereum Bill.coms financial forecasts point to slower revenue growth than in the past. Bill.com‘s stock lost nearly a third of its value even though the bill-payment automation company delivered a solid quarter, adding a record number of customers.Analysts remain bullish, blaming the shares’ slide on a quarter-over-quarter slowdown in growth.. In the latest quarter, Bill.com added 11,600 net new customers, the highest gain since it went public, and 3,400 more than the companys prior best quarter. That said, the stock was down more than 16% to $127.39 on Friday, after falling almost 30% soon after the market opened. Revenue grew 6.6% quarter over quarter, much lower than the 34.5% growth in the second quarter or the 48.7% growth in the first quarter. And the company said revenue in the quarter ending in June is expected to be $182.3 million to $183.3 million, implying a quarter-over-quarter increase of 9.8% at the higher end of the range. Needham analyst Scott Berg blamed the slower growth for the stocks move, noting that the decline came in a period not affected by the pandemic. Berg lowered his price target on the stock to $200 from $370 to reflect lower valuations in