earnings
confidence high
sentiment positive
materiality 0.80
Q2 Holdings beats Q2 guidance, revenue $123.6M (+27% YoY), raises FY outlook
Q2 Holdings, Inc.
2021-Q2 EPS reported
-$0.99
revenue$240,093,000
- GAAP revenue $123.6M, up 27% YoY; GAAP net loss $30.1M vs $39.0M loss in prior year quarter.
- Adjusted EBITDA $9.9M, up from $8.1M YoY; Q3 2021 adjusted EBITDA guided to $6.2-$6.8M.
- Full-year 2021 non-GAAP revenue guidance raised to $497.5-$499.5M, representing 22-23% YoY growth.
- Signed enterprise deals including a Top-30 US bank and a $24B FI; registered users grew 16% YoY to 18.8M.
- CEO Matt Flake cited optimism that deal activity will return to pre-pandemic levels in H2 2021.