Q2 Holdings, Inc. Announces Third Quarter 2020 Financial Results
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Q2 Holdings (QTWO) Tops Q3 EPS by 1c, Revenues Beat; Offers FY20 Revenue Guidance Above Consensus
November 4, 2020 4:49 PM ESTQ2 Holdings (NYSE: QTWO) reported Q3 EPS of $0.07, $0.01 better than the analyst estimate of $0.06. Revenue for the quarter came in at $104.8 million versus the consensus estimate of $103.19 million.
Non-GAAP Results for the Third Quarter 2020
Non-GAAP revenue for the third quarter of $104.8 million, up 31 percent year-over-year and up 6 percent from the second quarter of 2020.Non-GAAP gross margin for the third quarter of 52.5 percent, down from 53.6 percent for the prior-year quarter and 53.9 percent for the second... More