Q2 Holdings. (QTWO) Misses Q2 EPS by 2c

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Needham & Company Raises Price Target on Q2 Holdings (QTWO) Following EPS Beat

August 7, 2015 8:35 AM EDT

Needham & Company reiterated a Buy rating on Q2 Holdings (NYSE: QTWO), and raised the price target to $34.00 (from $28.00), following 2Q15 results. Q2 revenues were up 37.2% y/y to $26.3 million, up 7.1% q/q, and above Street consensus of $25.6 million. EPS was reported at $-0.09 vs.... More