AUSTIN, Texas (AP) _ Q2 Holdings Inc. (QTWO) on Monday reported a loss of $27.8 million in its third quarter.

On a per-share basis, the Austin, Texas-based company said it had a loss of 48 cents. Earnings, adjusted for stock option expense and amortization costs, came to 10 cents per share.

The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 2 cents per share.

The provider of online banking software posted revenue of $144.8 million in the period, missing Street forecasts. Seven analysts surveyed by Zacks expected $146.6 million.

For the current quarter ending in December, Q2 Holdings said it expects revenue in the range of $148.3 million to $150.3 million.

The company expects full-year revenue in the range of $567.4 million to $569.4 million.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on QTWO at https://www.zacks.com/ap/QTWO

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