Thu, February 13, 2025
Wed, February 12, 2025
[ Wed, Feb 12th 2025 ]: fbcnews
New loan facility to assist women
[ Wed, Feb 12th 2025 ]: CNBC
Amica life insurance review 2025
Tue, February 11, 2025

Q2 Holdings (NYSE:QTWO) Exceeds Q4 Expectations, Stock Soars

Q2 Holdings, Inc. (NYSE: QTWO) reported a robust performance in its Q4 earnings, surpassing expectations and leading to a significant increase in its stock price. The company, which provides digital banking solutions, announced earnings per share of 6 cents, beating the consensus estimate of 3 cents. Revenue for the quarter was $162.1 million, exceeding the expected $161.38 million. This positive earnings report was driven by a 10% year-over-year revenue growth, with subscription revenue increasing by 12% to $138.7 million. Additionally, Q2 Holdings saw a 17% rise in its annual recurring revenue, reaching $552.6 million. The company also provided an optimistic outlook for 2024, forecasting revenue between $698 million and $704 million, and adjusted EBITDA between $150 million and $154 million. Following the earnings release, Q2 Holdings' stock surged by 18.5% in after-hours trading, reflecting investor confidence in the company's growth trajectory and strategic direction.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/topstocks/q2-holdings-nyse-qtwo-exceeds-q4-expectations-stock-soars/ar-AA1yVNII ]