AI brief of an SEC Form 8-K · Q2 Holdings (QTWO)

Q2 Holdings Q3 revenue rises 13% to $175.0 million; net loss narrows

Positive Impact 3 of 5 earnings Written later

Q2 Holdings reported third-quarter 2024 revenue of $175.0 million, up 13% year-over-year, and a GAAP net loss of $11.8 million, down from $23.2 million a year earlier. The company also issued fourth-quarter and updated full-year 2024 guidance, projecting non-GAAP revenue of $691.5 million to $694.5 million for the year.

Key points

  • Q3 2024 revenue of $175.0 million, up 13% year-over-year and up 1% from Q2 2024
  • GAAP net loss of $11.8 million, compared with $23.2 million in Q3 2023
  • Adjusted EBITDA of $32.6 million, up from $19.7 million in Q3 2023
  • Q4 2024 non-GAAP revenue guidance of $178.1 million to $181.1 million; full-year 2024 guidance of $691.5 million to $694.5 million

The filing

CompanyQ2 Holdings (QTWO)
Form8-K, current report
Filed with the SECNov 6, 2024, 4:31 PM ET
Accession number0001410384-24-000194

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:00 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 06, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.