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Q2 Holdings: Q4 Earnings Insights

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Benzinga Insights
·1 min read
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Shares of Q2 Holdings (NYSE:QTWO) were flat in after-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share were down 94.74% year over year to $0.02, which missed the estimate of $0.05.

Revenue of $108,986,000 rose by 25.50% from the same period last year, which beat the estimate of $106,430,000.

Looking Ahead

Q2 Holdings hasn't issued any earnings guidance for the time being.

View more earnings on QTWO

Q2 Holdings hasn't issued any revenue guidance for the time being.

Technicals

Company's 52-week high was at $148.56

Company's 52-week low was at $47.17

Price action over last quarter: Up 43.54%

Company Description

Q2 Holdings Inc. is a provider of cloud-based virtual banking solutions for regional financial institutions to deliver mobile banking services to retail and commercial end-users who wish to bank anywhere and anytime. Its solutions operate on an integrated tablet-first platform which provides financial institutions a comprehensive view of account holder activity, and meets the regulatory and security requirements applicable to the industry. The firm generates revenue from subscription-based arrangements for software offerings, typically for five years. A large majority of the firm's revenue is generated in the United States.

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