Q2 Holdings Sees Q2 Total Non-GAAP Revenue $169M-$172M vs $168.44M Est., Sees FY24 Total Non-GAAP Revenue $686M-$692M vs $686.02M Est.
Portfolio Pulse from Benzinga Newsdesk
Q2 Holdings projects Q2 non-GAAP revenue to be between $169M-$172M, surpassing the estimate of $168.44M. For FY24, the company expects total non-GAAP revenue to range from $686M-$692M, slightly above the forecast of $686.02M.
May 01, 2024 | 10:07 pm
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POSITIVE IMPACT
Q2 Holdings projects higher than expected Q2 and FY24 non-GAAP revenues, indicating potential growth and positive market performance.
Q2 Holdings' projection of higher than expected revenues for both Q2 and FY24 suggests the company is on a growth trajectory, which could lead to increased investor confidence and a potential rise in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100