Welcome to our dedicated page for Q2 Hldgs news (Ticker: QTWO), a resource for investors and traders seeking the latest updates and insights on Q2 Hldgs stock.
Q2 Holdings, Inc. reports developments in digital transformation software for financial services, serving banks, credit unions, alternative finance companies and fintechs in the U.S. and internationally. Its updates center on the Q2 Digital Banking Platform, digital engagement for consumers, small businesses and commercial clients, and subscription-based hosted solutions.
Recurring news covers quarterly results, bookings and subscription annualized recurring revenue, new platform capabilities for treasury onboarding, risk and fraud management, account takeover protection and AI-enabled development. Company announcements also describe Q2 Innovation Studio, Helix, Q2 Code, Q2 Assistant, customer adoption themes, investor events and community partnership initiatives tied to its financial-services technology business.
Summary not available.
Q2 (NYSE: QTWO) announces the appointment of David Mehok as the new chief financial officer, effective November 9, 2020. He will succeed Jennifer Harris, who is retiring and will assist during the transition until March 2021. Mehok, with over 20 years of experience from companies like Epicor and Dell, will oversee Q2's global finance and accounting operations. CEO Matt Flake praises Mehok's track record in improving business results and expects him to enhance Q2's financial strategies amid growth opportunities.
Q2 Holdings, Inc. (QTWO) announced strong third-quarter results for 2020, reporting revenue of $103.8 million, a 30% year-over-year increase. However, gross margin declined to 44.7% from 49.3% a year ago, and the company recorded a net loss of $26.7 million, worsening from $18.6 million in the prior year. Non-GAAP revenue was $104.8 million, also reflecting a 31% year-over-year increase. The company signed significant contracts and reported a 21% growth in registered users, reaching 17.1 million. Q2 Holdings provided guidance for its fourth quarter and full-year 2020.
Q2 Holdings, Inc. (NYSE: QTWO), a leader in digital transformation for banking, will participate in several conferences in Q4 2020. These include the Piper Sandler East Coast Financial Services Conference on November 9, Citi’s Financial Technology Virtual Conference on November 16, RBC Capital Markets Global Technology Conference on November 17, and Wells Fargo TMT Summit on December 2. Live webcasts and replays will be available on the Investor Relations page at investors.Q2.com.
Q2 Holdings, Inc. (NYSE:QTWO) will announce its third-quarter financial results on November 4, 2020, after market close. A conference call is scheduled for November 5, 2020, at 8:30 a.m. EST, hosted by CEO Matt Flake and CFO Jennifer Harris. Participants must register in advance to obtain a dial-in number. An archived replay will be available post-call. Q2 specializes in digital banking and lending solutions, offering a suite of services for banks, credit unions, and fintech across the globe, headquartered in Austin, Texas.
Q2 Holdings (NYSE: QTWO) announced that its Q2 Partner Marketplace received the Best of Show award at FinovateFall 2020. This platform facilitates digital transformation for financial institutions (FIs) by offering a user-friendly app-store experience for integrating third-party solutions. The Marketplace allows FIs to accelerate innovation delivery and generate non-interest income. Autobooks, the first fintech to integrate into the Marketplace, has streamlined the deployment process, enabling rapid client onboarding. Q2 aims to enhance user engagement and deliver seamless digital banking experiences.