secwatch.observer — SEC 8-K summary
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Issuer:     Q2 Holdings, Inc. (QTWO)
CIK:        0001410384
Form:       8-K
Filed at:   2022-05-02T23:59:59+00:00
Accession:  0001410384-22-000034
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Q2 Holdings Q1 revenue $134.1M (+15% YoY), beats guidance; raises FY2022 outlook
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- Q1 revenue $134.1M (+15% YoY), above high end of guidance; GAAP net loss $23.6M vs $25.7M prior-year quarter.
- Adjusted EBITDA $8.1M; non-GAAP gross margin 51.4%; both down slightly YoY.
- Raises FY2022 non-GAAP revenue guidance to $577.5-581.5M (+15-16%) and adjusted EBITDA to $41.4-44.4M.
- Signed two enterprise and three Tier 1 digital banking contracts; registered users 19.7M (+8% YoY).
- Launched Helix-powered bitcoin savings program with NYDIG; Innovation Studio fintech partners grew 25%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1410384/000141038422000034/0001410384-22-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1410384/000141038422000034/qtwo-20220502.htm
  HTML page:      https://secwatch.observer/filing/0001410384-22-000034

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