Upgrade to SI Premium - Free Trial

Q2 Holdings (QTWO) Misses Q3 EPS by 15c

November 2, 2016 5:53 PM

Q2 Holdings (NYSE: QTWO) reported Q3 EPS of ($0.24), $0.15 worse than the analyst estimate of ($0.09). Revenue for the quarter came in at $38.3 million versus the consensus estimate of $38.09 million.

“I was encouraged by the performance of the business in the third quarter,“ said Matt Flake, CEO. “We saw improved execution on our sales pipeline and successfully deployed our first corporate banking customer. I look to build on our performance in the fourth quarter and close out the year on a high note.”

For earnings history and earnings-related data on Q2 Holdings (QTWO) click here.

Categories

Earnings Management Comments

Next Articles