secwatch.observer — SEC 8-K summary
======================================

Issuer:     Q2 Holdings, Inc. (QTWO)
CIK:        0001410384
Form:       8-K
Filed at:   2021-08-04T23:59:59+00:00
Accession:  0001410384-21-000103
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Q2 Holdings beats Q2 guidance, revenue $123.6M (+27% YoY), raises FY outlook
----------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1410384/000141038421000103/0001410384-21-000103-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1410384/000141038421000103/qtwo-20210804.htm
  HTML page:      https://secwatch.observer/filing/0001410384-21-000103

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer