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Q2 Holdings (QTWO)
NYSE:QTWO
Holding QTWO?
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Earnings Data
Report Date
Feb 19, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.48Last Year’s EPS
0.27Same Quarter Last Year
Moderate Buy
Based on 13 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 06, 2018
|% Change Since: 3.77%
|Next Earnings Date:Aug 07, 2018
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial growth, particularly in subscription revenue and profitability, alongside successful enterprise deals and robust performance from the Innovation Studio. However, there were notable declines in services revenue, which are expected to persist. Overall, the highlights significantly outweigh the lowlights, indicating a positive outlook.Company Guidance
During the QTWO earnings call for Q3 2024, the company provided robust guidance, highlighting several key metrics. The non-GAAP revenue for the quarter reached $175 million, marking a 13% year-over-year increase, with subscription revenue contributing significantly by growing 18% year-over-year and accounting for over 80% of total revenue. QTWO achieved an adjusted EBITDA of $32.6 million, representing 19% of revenue, and free cash flow of $35.1 million. The company surpassed its Rule of 30 target on a total revenue basis. For Q4 2024, QTWO forecasts non-GAAP revenue between $178.1 million and $181.1 million, and adjusted EBITDA ranging from $34.3 million to $36.3 million. The full-year 2024 guidance anticipates non-GAAP revenue between $691.5 million to $694.5 million, with full-year subscription revenue growth projected at approximately 16% year-over-year, exceeding initial expectations. Looking ahead to 2025, QTWO expects full-year subscription revenue growth to be around 15%. These metrics underscored the company's strong business model and execution, with continued confidence in its long-term financial targets.Record Revenue Growth
Non-GAAP revenue reached $175 million, marking a 13% year-over-year increase.
Strong Subscription Revenue
Subscription revenue increased by 18% year-over-year, constituting over 80% of total revenue.
Significant Profitability Improvement
Adjusted EBITDA rose to $32.6 million, representing 19% of revenue, with free cash flow at $35.1 million.
Successful Enterprise Deals
Secured 6 enterprise and Tier 1 deals, including three with top 50 U.S. banks.
Innovation Studio Momentum
Bookings from Innovation Studio more than doubled compared to 2023, highlighting its growing influence.
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QTWO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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QTWO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 06, 2024 | $90.50 | $102.25 | +12.98% |
| Jul 31, 2024 | $67.47 | $70.05 | +3.82% |
| May 01, 2024 | $51.73 | $59.58 | +15.17% |
| Feb 21, 2024 | $41.84 | $45.98 | +9.89% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Q2 Holdings (QTWO) report earnings?
Q2 Holdings (QTWO) is schdueled to report earning on Feb 19, 2025, TBA Not Confirmed.
What is Q2 Holdings (QTWO) earnings time?
Q2 Holdings (QTWO) earnings time is at Feb 19, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is QTWO EPS forecast?
QTWO EPS forecast for the fiscal quarter 2024 (Q4) is 0.48.
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