Q2 Holdings beats Q2 estimates; raises full-year revenue and EBITDA guidance

Q2 Holdings, Inc.

2024-Q2 EPS reported -$0.45 revenue$338,398,000

Revenue $172.9M (+12% YoY), GAAP net loss $13.1M (improved from $23.6M loss YoY), adj EBITDA $29.9M (+70% YoY).
Subscription ARR $633.9M (+19% YoY); committed backlog $2.0B (+28% YoY) with record $38M sequential increase.
Raised FY2024 guidance: non-GAAP revenue $688.5-692.5M (+10-11% YoY); adj EBITDA $116.5-119.5M (17% margin).
Signed four Tier 1 digital banking contracts in Q2, including two new banks and two expansion agreements.

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.