Q2 Holdings reports Q3 EPS (20c) vs. (40c) last year

Reports Q3 revenue $175.0M, consensus $173.36M. Adjusted EBITDA for the third quarter of $32.6M, up from $19.7M for the prior-year quarter and $29.9M from the second quarter of 2024. “We achieved solid bookings success across our business lines in the third quarter, highlighted by six Enterprise and Tier 1 deals, including three with Top 50 U.S. banks,” said Q2 Chairman and CEO Matt Flake. “Additionally, our strong financial performance enabled us to reach our total revenue Rule of 30 target during the quarter. We believe these results and our continued success in winning and expanding our relationships with financial institutions of all sizes reflects our position as a leader in the market.”