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Q2 Q1 2023 Earnings Report

Q2 logo
$104.69 +1.63 (+1.58%)
(As of 12/20/2024 05:31 PM ET)

Q2 EPS Results

Actual EPS
-$0.10
Consensus EPS
-$0.23
Beat/Miss
Beat by +$0.13
One Year Ago EPS
N/A

Q2 Revenue Results

Actual Revenue
$153.01 million
Expected Revenue
$149.71 million
Beat/Miss
Beat by +$3.30 million
YoY Revenue Growth
N/A

Q2 Announcement Details

Quarter
Q1 2023
Time
N/A

Conference Call Resources

Conference Call Audio

Slide Deck

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Q2 Earnings Headlines

Keybanc Upgrades Q2 Holdings (QTWO)
Q2 Holdings price target raised to $115 from $100 at Stifel
Your chance to get on the next “60-Second Trade”
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Expert Outlook: Q2 Holdings Through The Eyes Of 12 Analysts
See More Q2 Headlines
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About Q2

Q2 (NYSE:QTWO) provides cloud-based digital solutions to regional and community financial institutions in the United States. The company offers Digital Banking Platform, an end-to-end digital banking platform supports its financial institution customers in their delivery of unified digital banking services across digital channels. Its digital banking platform solutions, comprising Q2 Consumer Banking, Q2 Small Business and Commercial, Q2mobile Remote Deposit Capture, Q2 Sentinel, Q2 Patrol, Q2 SMART, Q2 Contextual Personal Financial Management, Q2 Goals, Q2 CardSwap, Q2 Gro, Q2 Innovation Studio, Q2 Biller Direct, ClickSWITCH, Sensibill, Centrix Dispute Tracking System, Centrix Payments I.Q. System, and Centrix Exact/Transaction Management System. The company also provides lending solutions, which consists precisionlender solutions, a cloud-based platform, data-driven sales enablement, relationship pricing, and portfolio management solution includes precisionlender platform, premium treasury pricing, data studio, and Andi; and Q2 Cloud Lending solutions, a cloud-based digital lending platform and end-to-end lending solution that allows financial institutions, FinTechs, and Alt-FIs to automate and digitize their lending activities, supporting digital lending applications, scoring, underwriting, servicing, and collections for multiple assets classes comprising Q2 CL portal, originate, loan, marketplace, and collections. In addition, it offers Q2 Innovation Studio, an application program interface, or API, based and software development kit, or SDK, based open technology platform; and Helix, a cloud-native, real-time core processing platform. The company was formerly known as CBG Holdings, Inc. and changed its name to Q2 Holdings, Inc. in March 2013. Q2 Holdings, Inc. was founded in 2004 and is headquartered in Austin, Texas.

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