Earnings Call Summary | Q2 Holdings(QTWO.US) Q2 2024 Earnings Conference
Earnings Call Summary | Q2 Holdings(QTWO.US) Q2 2024 Earnings Conference
The following is a summary of the Q2 Holdings, Inc. (QTWO) Q1 2024 Earnings Call Transcript:
以下是第二季度控股公司（QTWO）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Q2 Holdings reported a total non-GAAP revenue of $165.5 million, beating their predictions for Q1 2024 and showing improved profitability with an adjusted EBITDA of $25.2 million.
For the first time in a Q1, the company generated a positive free cash flow, amounting to $6 million.
The Annual Recurring Revenue (ARR) grew to $761 million, a 13% year-over-year increase.
There was a significant increase in the company's ending backlog, approximately $1.9 billion, the biggest year-over-year growth in the company's history.
Q2 Holdings predicts a Q2 2024 non-GAAP revenue in the range of $169 million to $172 million, and the full year non-GAAP revenue between $686 million and $692 million.
第二季度控股公司公佈的非公認會計准則總收入爲1.655億美元，超過了他們對2024年第一季度的預期，盈利能力有所提高，調整後的息稅折舊攤銷前利潤爲2,520萬美元。
該公司在第一季度首次產生了正的自由現金流，總額爲600萬美元。
年度經常性收入（ARR）增長到7.61億美元，同比增長13％。
該公司的期末待辦事項大幅增加，約爲19億美元，這是公司歷史上最大的同比增長。
第二季度控股公司預計，2024年第二季度非公認會計准則收入在1.69億美元至1.72億美元之間，全年非公認會計准則收入在6.86億美元至6.92億美元之間。
Business Progress:
業務進展：
There was a high demand in Q1 with a mix of net new deals, expansion ventures, and renewals including several Tier 2 and 3 deals and four Tier 1 digital banking deals.
The company's Fintech partner ecosystem, Q2 Innovation Studio, contributed to new successful partnerships.
Growth was observed in the Centrix expansion bookings year-over-year in Q1 and they anticipate deeper relationships with customers through the launch of Q2 Connect.
The company was successful in reducing their not-live ARR from 18% to 15%.
Increased demands are forecasted for the company's single-platform service and are considering the use of AI to drive solutions.
第一季度需求旺盛，包括淨新交易、擴張項目和續約，包括幾筆二級和三級交易以及四筆一級數字銀行協議。
該公司的金融科技合作伙伴生態系統——第二季度創新工作室爲新的成功合作伙伴關係做出了貢獻。
第一季度Centrix擴張預訂量同比增長，他們預計通過第二季度Connect的推出，將與客戶建立更深的關係。
該公司成功地將他們的非活躍年利率從18％降低到15％。
預計對該公司單平台服務的需求將增加，並正在考慮使用人工智能來推動解決方案。
More details: Q2 Holdings IR
更多詳情： 第二季度控股投資者關係
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。