Q2 Holdings (NYSE:QTWO) Exceeds Q4 Expectations, Stock Soars
Banking software provider Q2 (NYSE:QTWO) reported Q4 CY2024 results topping the market’s revenue expectations, with sales up 12.9% year on year to $183 million. Guidance for next quarter’s revenue was better than expected at $186 million at the midpoint, 0.8% above analysts’ estimates. Its GAAP loss of $0 per share was significantly above analysts’ consensus estimates.