Q2 Holdings, Inc. Provides Earnings Guidance for the Second Quarter and Full Year of 2024
May 01, 2024 at 04:30 pm EDT
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Q2 Holdings, Inc. provided earnings guidance for the second quarter and full year of 2024. For the quarter, the company expects GAAP revenue to be in the range of $169,000,000 to $172,000,000.
For the full year, the company expects GAAP revenue to be in the range of $686,000,000 to $692,000,000.
Q2 Holdings, Inc. is a provider of digital banking and lending solutions to financial institutions, financial technology companies, and alternative finance companies, and other companies or brands. The Companyâs portfolio of digital solutions includes Digital Banking Platform, Q2 Innovation Studio, Lending and Relationship Pricing, and Helix. Its end-to-end digital banking platform supports its financial institution customers in their delivery of retail, small to medium business and commercial functionalities across digital channels through a single technology platform. Q2 Innovation Studio is an application program interface based and software development kit based open technology platform. Its end-to-end digital lending portfolio allows its FinTech and Alt-FI customers to simplify the end-user experiences of borrowers, accelerate loan decisioning, and reduce operational inefficiencies. Helix is a cloud-native, real-time core processing platform.