Q2 Holdings Q1 2024 Adj EPS $0.31 Beats $0.27 Estimate, Sales $165.508M Beat $163.619M Estimate
Portfolio Pulse from Benzinga Newsdesk
Q2 Holdings (NYSE:QTWO) reported Q1 2024 earnings of $0.31 per share, surpassing the $0.27 estimate, marking a 63.16% increase from last year. Sales reached $165.508M, exceeding the $163.619M forecast, up 8.17% from the previous year.
May 01, 2024 | 10:02 pm
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POSITIVE IMPACT
Q2 Holdings reported a significant beat on both earnings and sales estimates for Q1 2024, with a notable year-over-year growth.
The positive earnings and sales beat indicate strong operational performance and could lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100