Q2 Holdings (QTWO) Reports Q4 EPS of $0.05, Revenues In-Line; Offers FY18 Revenue Guidance Below Consensus
Q2 Holdings (NYSE: QTWO) reported Q4 EPS of $0.05, versus $0.01 reported last year. Revenue for the quarter came in at $51.7 million versus the consensus estimate of $51.7 million.
Financial Outlook
Q2 Holdings is providing guidance for its first quarter 2018 as follows:
- Total revenue of $52.6 million to $53.2 million, which would represent year-over-year growth of 18 percent to 20 percent.
- Adjusted EBITDA of positive $1.4 million to positive $2 million. GAAP net loss is the most comparable GAAP measure to adjusted EBITDA. Adjusted EBITDA differs from GAAP net loss in that it excludes things such as depreciation and amortization, stock based compensation, acquisition-related costs, interest, income taxes and unoccupied lease charges. Q2 Holdings is unable to predict with reasonable certainty the ultimate outcome of these exclusions without unreasonable effort. Therefore, Q2 Holdings has not provided guidance for GAAP net loss or a reconciliation of the foregoing forward-looking adjusted EBITDAguidance to GAAP net loss.
Q2 Holdings is providing guidance for the full-year 2018 as follows:
- Total revenue of $234 million to $236 million, which would represent year-over-year growth of 21 percent to 22 percent.
- Adjusted EBITDA of positive $19 million to positive $21 million. Adjusted EBITDA differs from GAAP net loss in that it excludes things such as depreciation and amortization, stock based compensation, acquisition-related costs, interest, income taxes and unoccupied lease charges. Q2 Holdings is unable to predict with reasonable certainty the ultimate outcome of these exclusions without unreasonable effort. Therefore, Q2 Holdings has not provided guidance for GAAP net loss or a reconciliation of the foregoing forward-looking adjusted EBITDA guidance to GAAP net loss.
GUIDANCE:
Q2 Holdings sees FY2018 revenue of $234-236 million, versus the consensus of $240.33 million.
For earnings history and earnings-related data on Q2 Holdings (QTWO) click here.
