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Q2 Holdings Inc - QTWO STOCK NEWS

Welcome to our dedicated page for Q2 Holdings news (Ticker: QTWO), a resource for investors and traders seeking the latest updates and insights on Q2 Holdings stock.

Q2 Holdings Inc. (symbol: QTWO) is at the forefront of providing innovative, cloud-based virtual banking solutions tailored for regional financial institutions. The company's core offerings empower retail and commercial end-users with the convenience of banking anytime, anywhere, and on any device, which is a growing need in today's digital-first world.

Q2's robust platform integrates various banking channels, including online, voice, mobile, and tablet, into a single, unified interface. This seamless experience not only enhances user engagement but also helps financial institutions compete effectively with larger, more established banks. With a focus on security and regulatory compliance, Q2 ensures that all transactions are secure and meet industry standards.

The company generates the majority of its revenue from subscription-based software services, predominantly within the United States. Q2's technologies are designed to provide a comprehensive view of account holder activities, thereby enabling financial institutions to offer personalized and efficient services to their customers.

Recent achievements include significant partnerships and integrations that enhance the capability of Q2's platform to support multi-factor authentication and open vendor integration with third-party applications. These advancements ensure that Q2 remains a competitive and valuable partner for financial institutions looking to modernize their banking services.

As digital banking continues to evolve, Q2 Holdings Inc. is well-positioned to lead the charge with its comprehensive, user-friendly solutions that meet the dynamic needs of today's banking environment.

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Austin FC and Q2 Holdings Inc. announced the recipients of the 2023 Q-mmunity Gives grant program, with CareBOX Program, HAAM, and Seedling Foundation each receiving a $50,000 grant. The program aims to advance underrepresented communities in Central Texas. CareBOX Program provides essential supplies to cancer patients, HAAM offers affordable healthcare to low-income musicians, and Seedling Foundation supports children impacted by parental incarceration through mentorship. The grants will aid in promoting equity and inclusion in Central Texas.
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Helix by Q2 (QTWO) launches new In Auth solution to personalize cardholder experiences and improve program profitability
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Q2 Holdings, Inc. (NYSE:QTWO) has been recognized as a Top Workplaces 2023 award winner by Austin American-Statesman, marking its 13th consecutive year on the list. The award is based on employee feedback gathered through a third-party survey, measuring 15 culture drivers. Q2's CEO and chief people officer expressed pride in the company's culture and mission, centered around people, customers, and communities. Q2 Spark, the corporate social responsibility program, showcases the company's commitment to volunteerism, community service, and diversity, equity, and inclusion efforts.
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Q2 Holdings, Inc. (NYSE: QTWO) strengthens senior leadership team with industry veterans across technology, information security, and risk management. The company appointed Himagiri Mukkamala as Chief Development Officer, Beth-Anne Bygum as Chief Information Security Officer, and Blair Williams as Chief Risk Officer. The new leaders bring extensive experience and expertise to support Q2's mission of providing digital transformation solutions for banking and lending. Mukkamala leads product engineering teams, Bygum oversees global information protection, and Williams is responsible for Q2's holistic risk framework and policies.
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Q2 Holdings, Inc. announced its Q3 2023 results, reporting revenue of $155.0 million, a 7% YoY increase. GAAP gross margin was 47.8%, up from the prior-year quarter. GAAP net loss was $23.2 million, compared to $27.8 million in the prior-year quarter. Non-GAAP revenue and gross margin were also $155.0 million and 53.9% respectively. Adjusted EBITDA was $19.7 million, up from $10.8 million in the prior-year quarter. Q2 signed several new contracts and expanded existing ones with top U.S. banks. The company expects total non-GAAP revenue of $622.5 million to $625.5 million for the full-year 2023.
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Hoosier Hills Credit Union has expanded its reach in rural and under-served communities by implementing Q2 Holdings' digital banking platform. As a result, the credit union has doubled its commercial and small business deposits and nearly tripled its business account holders. Q2's platform offers features such as payroll processing, remote deposits, and payment capabilities, allowing members to transact at their convenience and reducing the need for branch visits. Since partnering with Q2, Hoosier Hills Credit Union has experienced significant growth in its membership and deposits.
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Q2 Holdings announces strategic partnership with Mastercard to allow fintechs and financial institutions to issue Mastercard debit and prepaid cards through Helix's cloud-native core.
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Q2 Holdings, Inc. to attend conferences in Q4 2023
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Q2 Holdings, Inc. to release financial results for Q3 2023
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Q2 Holdings announces winners of the 2023 Purposeful Banker Awards
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FAQ

What is the current stock price of Q2 Holdings (QTWO)?

The current stock price of Q2 Holdings (QTWO) is $106.37 as of November 22, 2024.

What is the market cap of Q2 Holdings (QTWO)?

The market cap of Q2 Holdings (QTWO) is approximately 6.4B.

What does Q2 Holdings Inc. do?

Q2 Holdings Inc. provides cloud-based virtual banking solutions tailored for regional financial institutions, enabling mobile and online banking services for retail and commercial end-users.

How does Q2 Holdings generate revenue?

Q2 Holdings generates revenue primarily through subscription-based arrangements for its software offerings.

Where is the majority of Q2 Holdings' revenue generated?

The majority of Q2 Holdings' revenue is generated in the United States.

What platforms does Q2’s solution integrate?

Q2’s solution integrates online, voice, mobile, and tablet banking channels into a single, unified interface.

What is unique about Q2's technology?

Q2's technology offers unprecedented integration, providing a unified virtual banking experience and supporting multi-factor authentication and open vendor integration.

What recent achievements has Q2 Holdings accomplished?

Recent achievements include significant partnerships and integrations that enhance the capability of Q2's platform to support multi-factor authentication and third-party applications.

Who are the primary users of Q2’s services?

The primary users are retail and commercial end-users who use the services of regional financial institutions.

What focus areas does Q2 emphasize in its solutions?

Q2 emphasizes user engagement, security, and regulatory compliance in its virtual banking solutions.

How does Q2 help financial institutions compete?

Q2 helps financial institutions compete by providing a unified, engaging banking experience that rivals those offered by larger banks.

What is Q2 Holdings' approach to security?

Q2 Holdings ensures that all transactions are secure and meet industry regulatory requirements, supporting multi-factor authentication and robust security measures.

Q2 Holdings Inc

NYSE:QTWO

QTWO Rankings

QTWO Stock Data

6.42B
58.15M
3.06%
106.59%
5.61%
Software - Application
Services-prepackaged Software
Link
United States of America
Austin