BUZZ-Bill Holdings jumps 40% on report of buyout talks with Hellman & Friedman
Reuters
Feb 07
BUZZ-Bill Holdings jumps 40% on report of buyout talks with Hellman & Friedman
** Shares of finance platform Bill Holdings BILL.N surges 40.72% to $50.21 after report of private equity firm Hellman & Friedman is in talks to buy co
** Late Thursday, co reported Q2 adj net income of $73.40 million above analysts' estimates of $64.33 million - data compiled by LSEG
** Reported revenue of $414.70 million above analysts' estimates of $398.39 million
** 15 of 25 analysts rate stock "strong buy" or "buy" and 10 "hold"; their median PT is $58 - data compiled by LSEG
** Including session's move BILL down 48.21% in the last 12 months
(Reporting by Pragyan Kalita in Bengaluru)
((Pragyan.Kalita@thomsonreuters.com;))
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