Q2 Hld

Q2 Holdings, Inc. engages in the provision of digital banking and lending solutions. It offers its solutions to financial institutions, financial technology companies, alternative finance companies, and other innovative companies, wishing to incorporate banking into their customer engagement and servicing strategies. The company was founded by Robert Hank Seale III in 2004 and is headquartered in Austin, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Q2 Holdings reports robust Q4 earnings, eyes digital banking growth

Q2 Holdings delivered a strong Q4 performance with revenue growth and emphasized resilience in revenue streams, digital banking wins, and subscription revenue.
The company faces challenges from contract terminations, lending pressures, and organizational adjustments but sees opportunities in digital banking growth and EBITDA expansion.
With a focus on profitable growth, higher-margin subscription revenue, and customer transformation, Q2 Holdings aims for sustained success and financial strength.
Guidance for 2023 indicates a positive outlook with revenue targets and strategic initiatives aligned towards achieving long-term profitability and growth.

Q2 Holdings (QTWO) reports robust Q1 results amidst market opportunities

Q2 Holdings delivered strong financial performance in Q1 2023, showcasing growth in subscription revenue and adjusted EBITDA, along with strategic initiatives driving market competitiveness.
While facing challenges in discretionary spending and M&A activity slowdown, the company remains focused on operational excellence, customer satisfaction, and long-term value creation.
Opportunities lie in leveraging legacy players' outdated systems, exploring AI capabilities, and capitalizing on evolving market demands to drive future growth and expansion.

Q2 Holdings reports robust Q2 results, eyes expansion and innovation

Q2 Holdings delivered strong financial performance in Q2 2023, driven by increased ASP, win rates, and subscription growth, with a focus on profitable growth strategies and capital allocation optimization.
The company faces challenges with back-end loaded renewals, revenue guidance adjustments, and competitive dynamics, but sees opportunities in expanding into new markets, embedded finance, and technology-driven solutions.
Overall, Q2 remains confident in its performance, emphasizing exceptional customer service, differentiated products, and a strategic focus on innovation and growth.

Q2 Holdings reports strong Q3 performance amidst revenue challenges

Q2 Holdings delivered a strong performance in Q3 2023, driven by innovative offerings and robust sales success, despite revenue challenges.
The company faces opportunities in cross-selling, debt servicing, and product innovation to sustain growth and operational efficiency.
Overall, Q2 Holdings remains focused on digital banking strength, subscription revenue growth, and leveraging customer success for continued success.

Q2 Holdings reports robust Q4 earnings, eyes expansion opportunities

Q2 Holdings delivered strong financial performance in Q4 2023, driven by record sales, digital banking solutions, and AI advancements. The company's focus on product innovation, pricing power, and strategic acquisitions positions it well for future growth. However, challenges around competitive displacement, margin objectives, and balancing debt repayment with investments require careful management.

Q2 Holdings surpasses revenue guidance in Q1 2024 earnings

Q2 Holdings had a strong start in Q1 2024, exceeding revenue guidance and achieving positive free cash flow. The company's focus on customer relationships, innovation, and platform value proposition drove wins and expansions. Challenges lie in upcoming renewals and managing short-term costs.

Q2 Holdings reports strong Q2 earnings and sets sights on sustained growth and innovation

Q2 Holdings delivered a robust performance in Q2 2024, marked by strong revenue growth, profitability, and operational efficiency. The company's focus on innovation and customer success positions it well for sustained growth and market leadership.
While facing challenges in maintaining growth rates and managing expenses, Q2 Holdings has opportunities to capitalize on its strengths, drive operational improvements, and explore new avenues for expansion and innovation.
Overall, Q2 Holdings' Q2 2024 earnings call reflects a positive trajectory, with a solid financial foundation, strategic focus on growth, and a commitment to driving innovation and customer value.

Q2 Holdings excels in Q3, forecasts strong growth and profitability

Q2 Holdings delivered exceptional Q3 results, surpassing revenue targets and demonstrating strong financial performance and customer engagement.
The company's strategic wins, improved margins, and focus on innovation position it well for sustained growth and profitability.
While challenges exist in a competitive landscape, opportunities in revenue growth, cash flow generation, and client expansions provide a positive outlook for the future.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Q2 Holdings' top-line growth prospects are healthy thanks to the growing number of partnerships for the company's Q2 Innovation Studio platform. QTWO expects its profit margin to improve in 2024 on the back of expense optimization and a more favorable sales mix with higher subscription revenue. The company has been named as one of the best workplaces for employees in Greater Austin for the 13th consecutive year.

Q2 Holdings: Watch Key Stock Price Drivers

AUSTIN, Texas--(BUSINESS WIRE)--Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for banking and lending, today announced that Array has extended its integration partnership to a Strategic Alliance partner where Q2 will resell the financial wellness solution – My Credit Manager – directly to banks and credit unions. The Q2 and Array partnership started when Array became a Q2 Innovation Studio Accelerator Partner. Today, Array's My Credit Manager is pre-inte.

Q2 and Array Expand Partnership to Deliver Financial Wellness Solutions

AUSTIN, Texas--(BUSINESS WIRE)--Helix by Q2 (NYSE: QTWO), an award-winning, cloud-native core purpose-built for embedded finance, today announced the launch of its new cooperative authorization solution for Helix by Q2 customers. The in-authorization solution, also known as “In Auth,” enables Helix customers to personalize their cardholder experience and improve program profitability through better detection and prevention of debit card fraud. The In Auth solution allows Helix customers to part.

Helix Enhances Cardholder Experience and Increases Fraud Protection With New Cooperative Authorization Solution

AUSTIN, Texas--(BUSINESS WIRE)--Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for banking and lending, today announced it was recognized as a Top Workplaces 2023 award winner by Austin American-Statesman, marking its 13th consecutive year on the list. The award is based solely on employee feedback gathered through a third-party survey administered by employee engagement technology partner Energage LLC. The anonymous survey uniquely measures 15 culture dri.

Q2 Recognized as a Top Workplace by Austin American-Statesman

AUSTIN, Texas--(BUSINESS WIRE)--Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for banking and lending, today announced an expansion of its leadership team with the appointment of Himagiri Mukkamala as Chief Development Officer, Beth-Anne Bygum as Chief Information Security Officer and Blair Williams as Chief Risk Officer. As the Chief Development Officer, Mukkamala leads the product engineering teams and has responsibility for balancing innovation, quali.

Q2 Announces New Executive Appointments

Q2 Holdings, Inc. (NYSE:QTWO ) Q3 2023 Earnings Conference Call November 1, 2023 5:00 PM ET Company Participants Josh Yankovich - Investor Relations Matt Flake - CEO and Director Jonathan Price - EVP of Emerging Business, Corporate & Business Development David Mehok - CFO and Principal Accounting Officer Kirk Coleman - Chief Strategy Officer Alex Sklar - Raymond James Matt VanVliet - BTIG Parker Lane - Stifel Matt f Roswell - RBC Andrew Schmidt - Citi Global Markets Operator Good afternoon. My name is Kayla, and I will be your conference operator today.

Q2 Holdings, Inc. (QTWO) Q3 2023 Earnings Call Transcript

Q2 Holdings (QTWO) came out with quarterly earnings of $0.21 per share, beating the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.10 per share a year ago.

Q2 Holdings (QTWO) Tops Q3 Earnings Estimates

AUSTIN, Texas--(BUSINESS WIRE)--Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for banking and lending, today announced results for its third quarter ending September 30, 2023. GAAP Results for the Third Quarter 2023 Revenue for the third quarter of $155.0 million, up 7 percent year-over-year and flat from the second quarter of 2023. GAAP gross margin for the third quarter of 47.8 percent, up from 46.2 percent in the prior-year quarter and flat with 47.8 p.

Q2 Holdings, Inc. Announces Third Quarter 2023 Financial Results

AUSTIN, Texas--(BUSINESS WIRE)--Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for banking and lending, today announced Hoosier Hills Credit Union (HHCU) has doubled the institution's commercial and small business deposits and nearly tripled its business account holders with Q2's best-in-class digital banking platform and Q2 Catalyst, a suite of commercial banking solutions. Established in 1969, HHCU is an $880 million credit union based in Bedford, India.

Q2 Helps Hoosier Hills Credit Union Drive 100 Percent Growth in Deposits and Triple its Small Business and Commercial Accounts

AUSTIN, Texas--(BUSINESS WIRE)--Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for banking and lending, today announced a strategic partnership with Mastercard, allowing fintechs, brands and financial institutions that use Helix's cloud-native core to issue Mastercard debit and prepaid cards to their account holders. According to the BAI Banking Outlook, 44 percent of respondents said the customer experience they deliver is merely average; the partnership.

Q2 Partners with Mastercard® to Bring Debit and Prepaid Card Programs to Helix Customers

AUSTIN, Texas--(BUSINESS WIRE)--Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital banking and lending solutions, will attend the following conferences during the fourth quarter of 2023. Stifel Midwest One-on-One Growth Conference, November 9, 2023 RBC Global Technology, Internet, Media and Telecommunications Conference, November 15, 2023 DA Davidson Annual Technology Conference, November 16, 2023 About Q2 Holdings, Inc. Q2 is a leading provider of digital banking and lending solutio.

Q2 Holdings, Inc. to Attend Upcoming Conferences During Fourth Quarter 2023

AUSTIN, Texas--(BUSINESS WIRE)--Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital banking and lending solutions, will release its financial results for the third quarter 2023 after market close on Wednesday, November 1, 2023. Q2 will host a corresponding conference call at 5:00 p.m. EDT on Wednesday, November 1, 2023. Conference Call Details Date:   Wednesday, November 1, 2023 Time:   5:00 p.m. EDT Hosts:   Matt Flake, CEO / David Mehok, CFO / Kirk Coleman, President / Jonathan Price.

Q2 Holdings, Inc. Announces Investor Conference Call to Review Third Quarter 2023 Financial Results

AUSTIN, Texas--(BUSINESS WIRE)--Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for banking and lending, announced today the winners of the 2023 Purposeful Banker Awards. The annual award program recognizes banks and credit unions dedicated to purposefully transforming the banking industry through innovation and a commitment to building strong and diverse communities. The Purposeful Banker Award winners were announced at Q2's BankOnPurpose Conference in Aus.

Q2 Announces Winners of the 2023 Purposeful Banker Awards

AUSTIN, Texas--(BUSINESS WIRE)--Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for banking and lending, today announced the launch of Q2 Fabric, a full stack solution that weaves together a best-in-class retail banking experience, a lightweight modern core, and a robust, pre-integrated fintech ecosystem. Q2 Fabric enables banks and credit unions to launch a differentiated digital brand to grow consumer deposits, increase profitability and accelerate innov.

Q2 Announces Q2 Fabric to Enable Financial Institutions to Launch Digital Brands

DXP Enterprises

Huron Consulting Group

Construction Partners

StoneCo

Sterling Construction

Travelzoo

In today's fast-paced stock market, investors are always on the lookout for companies that have momentum on their side. Finding such momentum stocks that are outpacing the overall market can lead to significant gains, especially for those willing to hop on board while these stocks are hot.

Strike it Rich With These 7 Unstoppable Stocks

AUSTIN, Texas--(BUSINESS WIRE)--Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for banking and lending, today announced the launch of the Andi® copilot platform, an artificial intelligence (AI) solution suite purpose-built for bankers, enhanced with Generative AI (GenAI) language model capabilities. The Andi copilot platform also combines GenAI with Q2's proprietary Skills Builder framework, which enables financial institutions to teach the AI platform to.

Q2 Announces the Andi® Copilot Platform Enhanced with GenAI

AUSTIN, Texas--(BUSINESS WIRE)--Helix by Q2 (NYSE: QTWO), an award-winning, cloud-native core purpose-built for embedded finance, today announced that Wysh, a bold innovator in the field of financial protection, can now offer its new high-yield savings account with embedded micro life insurance to its customers through Helix's embedded finance solution. Savings+, Wysh's new product, couples high-yield savings with life insurance without the need for underwriting and works to help underserved co.

Helix Helps Wysh Deliver New High-Yield Savings Account with Embedded Micro Life Insurance

I recommend a buy due to the strong secular trend of digitalization in the banking industry. Despite temporary growth slowdown, Q2 Holdings is expected to see a resurgence and accelerate its growth. The company's strong booking momentum, increased ASPs, and improved win rates suggest sustained demand for digital banking solutions.

Q2 Holdings: Digitalization Secular Tailwind Is Inevitable In The Banking Sector

AUSTIN, Texas--(BUSINESS WIRE)--Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for banking and lending, announced today that it has been named alongside Q2's customer C&N (Citizens & Northern Bank) as a winner of the 2023 IDC FinTech Rankings Real Results Awards in the Omni-Experience Customer Engagement category. C&N, a financial services organization based in Pennsylvania, has partnered with Q2 to power its digital banking technology since 20.

Q2 and Citizens & Northern Bank Win 2023 IDC FinTech Rankings Real Results Award

AUSTIN, Texas--(BUSINESS WIRE)--Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for banking and lending, today announced the recipients of the new Q2 Philanthropy Fund grant cycle. A total of $120,000 in grants has been awarded to 18 non-profits to further their missions, goals and initiatives across the globe, enabling the organizations to have even more significant impacts on the communities they serve. In the spirit of Q2 Spark, Q2's corporate social re.

Q2 Announces New Philanthropy Fund Grant Recipients

Financial Institutions can now provide Finli, a digital back office platform for small businesses, to customers through Q2's Digital Banking Platform LOS ANGELES , Sept. 13, 2023 /PRNewswire/ -- Finli, a digital back office platform for small businesses, today announced its integration with Q2's Digital Banking Platform, via the Q2 Partner Accelerator Program.

Finli Announces Integration with Q2's Digital Banking Platform

AUSTIN, Texas--(BUSINESS WIRE)--Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital banking and lending solutions, will participate in the following event: Fireside Chat hosted by Citi with Q2 President Kirk Coleman, Q2 CFO David Mehok, and Q2 CTO Adam Blue on September 5, 2023 A live webcast, as well as a replay, will be accessible from the Investor Relations page of the Q2 website at investors.Q2.com. About Q2 Holdings, Inc. Q2 is a leading provider of digital banking and lending so.

Q2 Holdings, Inc. to Attend Upcoming Event During Third Quarter 2023

The consolidation of the banking and fintech industries over time are expected to be tailwinds for Q2 Holdings. QTWO's recent quarterly profitability beat the market's expectations, and the company has set a goal of improving its EBITDA margin in a meaningful way next year. I raise my rating for Q2 Holdings stock to a Buy, in consideration of the company's growth drivers like profit margin expansion and industry consolidation.

Q2 Holdings: Consider Industry Consolidation And Margin Improvement (Rating Upgrade)

Q2 Holdings, Inc. (NYSE:QTWO ) Q2 2023 Earnings Conference Call August 2, 2023 5:00 PM ET Company Participants Josh Yankovich - Investor Contact Matthew Flake - CEO & Director Jonathan Price - EVP, Emerging Business, Corporate & Business Development David Mehok - CFO & Principal Accounting Officer Kirk Coleman - President Conference Call Participants Matthew VanVliet - BTIG Adam Hotchkiss - Goldman Sachs Group Terrell Tillman - Truist Securities Joseph Vruwink - Robert W. Baird & Co. Andrew Schmidt - Citigroup Adib Choudhury - William Blair & Company Matthew Kikkert - Stifel, Nicolaus & Company Alexander Sklar - Raymond James & Associates Operator Good afternoon.

Q2 Holdings, Inc. (QTWO) Q2 2023 Earnings Call Transcript

Q2 Holdings (QTWO) came out with quarterly earnings of $0.07 per share, missing the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.07 per share a year ago.

News for Q2 Hld Stock (QTWO)