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.

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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Opportunities lie in leveraging legacy players' outdated systems, exploring AI capabilities, and capitalizing on evolving market demands to drive future growth and expansion.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.

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Q2 Holdings, Inc. (NYSE:QTWO ) Q2 2024 Earnings Conference Call July 31, 2024 5:00 PM ET Company Participants Josh Yankovich - Investor Relations Matt Flake - Chief Executive Officer Jonathan Price - Executive Vice President, Strategy & Emerging Businesses David Mehok - Chief Financial Officer Kirk Coleman - President Conference Call Participants Alex Sklar - Raymond James Charles Nabhan - Stephens Matt VanVilet - BTIG Parker Lane - Stifel Adam Hotchkiss - Goldman Sachs Group Operator Good afternoon. My name is Alex and I will be your conference operator today.

Q2 Holdings, Inc. (QTWO) Q2 2024 Earnings Call Transcript

Q2 Holdings (QTWO) came out with quarterly earnings of $0.26 per share, missing the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.07 per share a year ago.

Q2 Holdings (QTWO) Q2 Earnings Miss Estimates

AUSTIN, Texas--(BUSINESS WIRE)--Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for financial services, today announced results for its second quarter ending June 30, 2024. GAAP Results for the Second Quarter 2024 Revenue for the second quarter of $172.9 million, up 12 percent year-over-year and up 4 percent from the first quarter of 2024. GAAP gross margin for the second quarter of 50.2 percent, up from 47.8 percent in the prior-year quarter and 49.7 perc.

Q2 Holdings, Inc. Announces Second Quarter 2024 Financial Results

AUSTIN, Texas--(BUSINESS WIRE)--Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for financial services, today announced that Q2 Chief Financial Officer David Mehok has been recognized as the Best CFO Award by Austin Business Journal in the Public Company category. Since joining Q2 Holdings in 2020, Mehok has overseen the company's revenue growth to approximately $625 million for the full year of 2023, an increase of approximately 53 percent. During the sam.

Q2 CFO David Mehok Wins Best CFO Award

AUSTIN, Texas--(BUSINESS WIRE)--Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for financial services, today announced VeraBank as the 2024 Q2 Excellence Award - Bank of the Year for achieving record results in its first full year after implementing Q2's digital banking platform. The annual Q2 award program recognizes financial institutions for their commitment to digital innovation, community impact and transforming the customer experience. With Q2's sin.

Q2 Helps VeraBank Grow and Strengthen Commercial Client Relationships

JERSEY CITY, N.J.--(BUSINESS WIRE)--MANTL, an origination platform for banks and credit unions, is proud to announce its integration with Q2's Digital Banking Platform via the Q2 Partner Accelerator Program. Q2 Holdings, Inc. (NYSE: QTWO) is a leading provider of digital transformation solutions for financial services. This collaboration integrates MANTL Consumer Deposit Origination and MANTL Business Deposit Origination with Q2's Digital Banking Platform to deliver a seamless account originati.

MANTL Announces Integration With Q2's Digital Banking Platform

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3 Tech Stocks to Buy Now: Q3 Edition

AUSTIN, Texas--(BUSINESS WIRE)--Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for financial services, will release its financial results for the second quarter of 2024 after market close on Wednesday, July 31, 2024. Q2 will host a corresponding conference call at 5:00 p.m. EDT on Wednesday, July 31, 2024. Conference Call Details Date:   Wednesday, July 31, 2024 Time:   5:00 p.m. EDT Hosts:   Matt Flake, Chairman & CEO / David Mehok, CFO / Kirk Colema.

Q2 Holdings, Inc. Announces Investor Conference Call to Review Second Quarter 2024 Financial Results

AUSTIN, Texas--(BUSINESS WIRE)--Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for financial services, today announced that it is a 2024 Top Workplaces Technology winner, awarded by Energage. Energage is a purpose-driven organization that develops solutions to build and brand Top Workplaces. The 2024 Top Workplaces award marks Q2 as an employer of choice for those seeking employment in the technology category. The Top Workplaces program has a 17-year histo.

Q2 Earns Energage's National 2024 Top Workplaces Award in the Technology Category

AUSTIN, Texas--(BUSINESS WIRE)--Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for financial services, today announced its third annual Q2 Philanthropy Fund grant application cycle, which will award $150,000 in grants to nonprofits across the globe to further its mission of building strong and diverse communities. The initiative is led in partnership with Austin Community Foundation (ACF), a grantmaking public charity, to make it easier and more accessibl.

Q2 Announces Third Annual Philanthropy Fund Grant Cycle

Q2 Holdings (QTWO) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Q2 Holdings (QTWO) Soars 8.0%: Is Further Upside Left in the Stock?

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AUSTIN, Texas--(BUSINESS WIRE)--Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for financial services, announced today that Massachusetts-based Avidia Bank has selected Q2 to modernize and enhance its digital banking experience for its customers. The bank will also leverage Personetics' AI-powered personalized engagement platform through Q2 Innovation Studio to maximize the impact of the data-driven insights and empower its customers to achieve their fina.

Avidia Bank Partners with Q2 and Personetics to Modernize its Digital Banking Experience and Strengthen Engagement

New York, New York--(Newsfile Corp. - June 6, 2024) - Wysh Life and Health Insurance Company, today announced the integration of its groundbreaking Life Benefit product with Q2's Digital Banking Platform, via the Q2 Partner Accelerator Program. Q2 Holdings, Inc. (NYSE: QTWO) is a leading provider of digital transformation solutions for financial services.

Wysh Announces Integration of Life Benefit with Q2's Digital Banking Platform

AUSTIN, Texas--(BUSINESS WIRE)--Q2 Holdings, Inc. (NYSE:QTWO), a provider of digital transformation solutions for financial services, today announced the 2024 Q2 Excellence Award recipients. The annual award program recognizes banks, credit unions and financial services organizations that have demonstrated best-in-class, differentiating qualities, ranking them among the industry's best. The winners will be honored at CONNECT24, Q2's annual conference, which will be held on June 4-6 in Austin, T.

Q2 Announces 2024 Excellence Award Winners

NEW YORK--(BUSINESS WIRE)--ModernFi, the first fully integrated and API-driven deposit network, today announced its integration with Q2's Digital Banking Platform, via the Q2 Partner Accelerator Program. This end-to-end integration, bringing sweep and reciprocal programs directly into digital banking, aims to eliminate friction for depositors and bank operating teams and drive adoption of these crucial programs throughout the industry. Q2 Holdings, Inc. (NYSE: QTWO) is a leading provider of dig.

ModernFi Announces Integration with Q2's Digital Banking Platform

AUSTIN, Texas--(BUSINESS WIRE)--Today, 29Eleven The Salon was announced as the winner of the 2024 Austin FC Dream Starter Competition presented by Q2 Holdings, Inc. (NYSE: QTWO). 29Eleven The Salon will receive $100,000 in funding to accelerate its business and mission as part of the Austin FC Dream Starter business initiative, which supports Austin entrepreneurs from underrepresented backgrounds. “After reviewing several innovative pitches, we're delighted to announce 29Eleven The Salon as thi.

Q2 and Austin FC Announce the 2024 Dream Starter Competition Winner - 29ELEVEN THE SALON

AUSTIN, Texas--(BUSINESS WIRE)--Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for financial services, today announced its annual Q2 customer conference CONNECT will be held in Austin, TX, June 4-6, 2024. CONNECT 24 will feature insights from industry thought leaders and experts, highlighting new trends, innovations and solutions that can help financial institutions transform their account holders' digital banking experience. CONNECT 24 will provide attend.

Q2 to Host CONNECT 24 Conference in Austin

AUSTIN, Texas--(BUSINESS WIRE)--Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for financial services, today announced the launch of Q2 Engage, a suite of consumer banking solutions designed to help financial institutions acquire and build life-long relationships with account holders. Q2 Engage enables banks and credit unions to innovate faster and provide personalized experiences to strengthen their relationships with their account holders. According to t.

Q2 Makes Consumer Banking More Personal with Q2 Engage

AUSTIN, Texas--(BUSINESS WIRE)--Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for financial services, today announced that nearly 60 percent of those recognized on the Forbes' America's Best Banks list are customers of Q2. The annual Forbes' America's Best Banks list looks at 10 metrics measuring growth, credit quality and profitability for the 2023 calendar year, as well as stock performance in the 12 months through March 18, 2024. The 10 equally-weight.

Q2 Powers the Majority of America's Best Banks

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LOS ANGELES--(BUSINESS WIRE)--Thrive Market, the healthy and sustainable online grocery store, has named April Lane its Chief Merchandiser. Lane brings decades of e-commerce experience to her role and has a significant track record of advancing e-commerce merchandising at scale. As the Chief Merchandising officer, Lane will be responsible for the site's merchandising, which spans Food, Home, Health, and Beauty. She will also manage the Food Safety and Quality (FSQA) team, which oversees food qu.

Thrive Market Hires April Lane as Chief Merchandising Officer

AUSTIN, Texas--(BUSINESS WIRE)--Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for financial services, today announced that Chairman R.H. “Hank” Seale III will not stand for re-election to Q2's board of directors at the end of his current term, which expires on June 11, 2024. In recognition of his role as the founder of Q2, the board has appointed Seale as chairman emeritus. Q2's CEO Matt Flake will succeed Seale as chairman of the board, effective June 1.

R.H. Seale to Transition to Chairman Emeritus

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Q2 Holdings, Inc. (NYSE:QTWO ) Q1 2024 Earnings Conference Call May 1, 2024 5:00 PM ET Company Participants Josh Yankovich - Investor Relations Matt Flake - Chief Executive Officer Jonathan Price - EVP, Strategy & Emerging Businesses David Mehok - Chief Financial Officer Kirk Coleman - President Conference Call Participants Alex Sklar - Raymond James Terry Tillman - Truist Adam Hotchkiss - Goldman Sachs Matt VanVilet - BTIG Andrew Schmidt - Citi Operator Good afternoon. My name is Pam, and I will be your conference operator today.

Q2 Holdings, Inc. (QTWO) Q1 2024 Earnings Call Transcript

AUSTIN, Texas--(BUSINESS WIRE)--Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for financial services, today announced results for its first quarter ending March 31, 2024. GAAP Results for the First Quarter 2024 Revenue for the first quarter of $165.5 million, up 8 percent year-over-year and up 2 percent from the fourth quarter of 2023. GAAP gross margin for the first quarter of 49.7 percent, up from 47.9 percent in the prior-year quarter and down from 50.

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