Q2 Holdings Q3 revenue $155M (+7% YoY), adj. EBITDA $19.7M, raises FY outlook

Q2 Holdings, Inc.

2023-Q3 EPS reported -$0.81 revenue$462,506,000

GAAP net loss narrowed to $23.2M from $27.8M a year ago; gross margin 47.8%.
Adjusted EBITDA $19.7M vs $10.8M YoY; margin expanded 500+ bps.
Signed two of the top 10 largest digital banking deals in company history.
Q4 guidance: non-GAAP revenue $160.3-163.3M; adj. EBITDA $21.2-23.2M.
Full-year adj. EBITDA guidance raised to $75-77M from prior range.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Q2 Holdings, Inc. reported third quarter ended September 30, 2023 results: revenue $155.0 million, net income $23.2 million. Guidance raised.

Period: third quarter ended September 30, 2023
Revenue: $155.0 million
Net income: $23.2 million
Guidance: raised
Result: reported results

Exact text from the filing

Revenue for the third quarter of $155.0 million, up 7 percent year-over-year an d flat from the second quarter of 2023.

View on SEC.gov

8 earnings releases filed in the last 30 days. Browse all earnings releases →

Q2 Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001410384-23-000137

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.