Q2 Holdings Inc header image

Q2 Holdings Inc

QTWO

Equity

ISIN US74736L1098 / Valor 23733115

New York Stock Exchange, Inc (2025-03-14)
USD 75.87+3.83%

Q2 Holdings Inc
UMushroom community rating:

star star star star star
0.00 0 votes No rating yet
NegativeNeutralPositive

About company

Q2 Holdings Inc is a financial technology company that provides cloud-based digital banking solutions for banks, credit unions, and other financial institutions.

Summarized from source with an LLMView SourceSector: Technology

Latest Results (24.12.2024):

Revenue Growth

Q2 Holdings Inc. reported a revenue of $172.9 million for the second quarter of 2024, marking a 12 percent increase year-over-year and a 4 percent rise from the first quarter of 2024. This growth reflects the company's strong sales execution and demand for its digital transformation solutions.

Improved Gross Margin

The GAAP gross margin for Q2 Holdings Inc. in the second quarter of 2024 was 50.2 percent, an improvement from 47.8 percent in the same quarter of the previous year and 49.7 percent in the first quarter of 2024. This increase indicates enhanced operational efficiency and cost management.

Net Loss Reduction

Q2 Holdings Inc. reported a GAAP net loss of $13.1 million for the second quarter of 2024, a significant reduction from the $23.6 million net loss in the prior-year quarter and a slight improvement from the $13.8 million net loss in the first quarter of 2024. This reduction highlights the company's progress towards profitability.

Adjusted EBITDA Growth

For the second quarter of 2024, Q2 Holdings Inc. achieved an adjusted EBITDA of $29.9 million, up from $17.6 million in the prior-year quarter and $25.2 million in the first quarter of 2024. This growth underscores the company's focus on operational improvements and financial performance.

Positive Financial Outlook

Q2 Holdings Inc. has raised its full-year 2024 outlook, projecting total non-GAAP revenue between $688.5 million and $692.5 million, representing a 10 to 11 percent year-over-year growth. The company also anticipates adjusted EBITDA to range from $116.5 million to $119.5 million, reflecting its confidence in continued financial success.

Summarized from source with an LLMView Source

Key figures

55.8%1Y
%3Y
%5Y

Performance

40.0%1Y
40.0%3Y
40.0%5Y

Volatility

Market cap

6084 M

Market cap (USD)

Daily traded volume (Shares)

1,023,863

Daily traded volume (Shares)

1 day high/low

102.22 / 100.53

1 day high/low (USD)

52 weeks high/low

0.00 / 0.00

52 weeks high/low (USD)

Dividend ex-date

01 January, 2022

Dividend ex-date

Dividend

0.00

Dividend (USD)

Dividend yield (p.a.)

0.00%

Dividend yield (p.a.)

0.002022
0.002023
0.002024

Est dividend (USD)

0.00%2022
0.00%2023
0.00%2024

Est dividend yield

P/E ratio

10.00

P/E ratio

00.002022
00.002023
00.002024

Est P/E ratio

EPS

0.00

EPS (USD)

0.002022
0.002023
0.002024

Est EPS (USD)

Ratings & reviews

star star star star star

0.00

0 votes
Performance:
starstarstarstarstar
0.00
Innovation:
starstarstarstarstar
0.00
Society:
starstarstarstarstar
0.00
Nature:
starstarstarstarstar
0.00

EQUITIES OF THE SAME SECTOR

Doximity Inc
Doximity Inc Doximity Inc Valor: 111921599
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
4.24%USD 63.38
The Trade Desk Inc
The Trade Desk Inc The Trade Desk Inc Valor: 33717137
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
0.11%USD 53.94
HP Inc
HP Inc HP Inc Valor: 29968910
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
1.79%USD 28.41
argenx SE
argenx SE argenx SE Valor: 36542319
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
4.09%USD 604.96
The Descartes Systems Group Inc
The Descartes Systems Group Inc The Descartes Systems Group Inc Valor: 840184
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
1.71%CAD 142.80
Varonis Systems Inc
Varonis Systems Inc Varonis Systems Inc Valor: 22677089
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
2.17%USD 40.01
Zscaler Inc
Zscaler Inc Zscaler Inc Valor: 40562757
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
4.34%USD 197.81
AECOM
AECOM AECOM Valor: 2986443
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
2.10%USD 95.08
Cohu Inc
Cohu Inc Cohu Inc Valor: 919424
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
3.02%USD 17.03
PTC Inc
PTC Inc PTC Inc Valor: 20488241
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
1.63%USD 155.80