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Why Bill.com Stock Jumped 14% Today

TheMotleyFool

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Shares of Bill.com (NYSE: BILL), a cloud-based financial software company, were rising today after the company reported fourth-quarter results that beat Wall Street's consensus top- and bottom-line results.

The tech stock jumped by 17.4% as of 2:15 p.m. ET.

Bill.com reported a non-GAAP loss per share of $0.03 per share in the fourth quarter, which was better than the $0.07 loss in the year-ago quarter and ahead of analysts' consensus estimate of a loss of $0.13 per share for the quarter.

Source Fool.com

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