shares of billcom holdings inc rocketed more than 30 higher in afterhours trading thursday after the maker of financial software tools for small businesses topped expectations for its latest quarter and gave an upbeat forecast the company posted a fiscal secondquarter net loss of 804 million or 78 cents a share compared with a loss of 172 million or 21 cents a share in the yearprior quarter after adjusting for stockbased compensation and other expenses billcom bill recorded a net loss of 220000 translating to roughly breakeven performance on a pershare basis a year prior the company reported an adjusted net loss per share of 1 cent the factset consensus was for an adjusted net loss of 18 cents a share billcom’s revenue grew to 1565 million from 540 million a year prior while analysts tracked by factset were projecting 1311 million the company processed 564 billion in total payment volume during the quarter ahead of the 506 billion that analysts tracked by factset were projecting billcom grew tpv by 20 sequentially above the roughly 13 sequential growth rate that billcom saw in its september quarter “this was arguably the biggest question for investors heading into the print given concerns around the health of smbs small and mediumsized businesses some industry data points and considering management had guided to less of a seasonal spike than occurred in the same quarter one year prior” wrote wolfe research analyst darrin peller who called the report “excellent” for the march quarter billcom anticipates 157 million to 158 million in revenue and an adjusted loss of 15 cents to 16 cents on a pershare basis analysts were calling for 1410 million in revenue and a 22cent adjusted loss per share the earnings come amid a rough recent stretch for shares of billcom and other fastgrowing fintech names through thursday’s close billcom’s share price had been cut roughly in half from a closing high of 34226 achieved in november the stock registered a nearly 8 decline in thursday’s regular session