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Bill Holdings Q2 Earnings: Revenue And EPS Beat, Hikes Outlook And More

Bill Holdings reported quarterly earnings of 63 cents per share, beating the analyst consensus estimate of 40 cents by 57.5% and representing a 50% increase over earnings of 42 cents per share year-over-year. The company reported quarterly sales of $318.5 million which beat the analyst consensus estimate of $298.14 million by 6.83% and is a 22.5% increase over sales of $260.01 million from the same period last year.

BILL

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Grand Theft Auto Maker Take-Two Reports Soft Q3 Results, Lowers 2024 Forecast

Take-Two Interactive Software reported quarterly total net bookings of $1.34 billion which is down 3% year-over-year. Take-Two said net bookings from recurrent consumer spending decreased by 7% and accounted for 75% of total net bookings. The company reported GAAP net revenue of $1.37 billion, also down by 3%, and a GAAP loss per share of 54 cents. Take-Two also revised its 2024 net bookings forecast to between $5.25 billion and $5.3 billion.

NXT

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Snap CEO Evan Spiegel: ‘Snapchat Is Different Than Social Media’

Spiegel touted Snapchat's moderated content platform as a unique feature appreciated by advertisers because it provides a brand-safe environment for campaigns. He said the key to increasing revenue at Snap is building its performance advertising business, and the company has invested heavily into helping advertisers succeed with conversions. 

META