Highlights: CS25-063: 13 separate intervals, including: 75.4 m at 1.67% Li2O; and21.8 m at 1.12% Li2O.Mineralization encountered extend the boundary of the known Mineralized Zone to the west. CS25-064: Nine (9) separate intervals, including: 166.7 m at 1.47% Li2O. CS25-072: Eight (8) separate intervals, including: 82.1 m at 1.71% Li2O;109.5 m at 1.67% Li2O; and121.6 m at 1.45% Li2O. CS25-073: Five (5) separate intervals, including: 170.2 m at 1.99% Li2O, including 40.1 m at 2.89% Li2O;74.2 m at 0.94% Li2O;7 ...

Core Insights - Q2 Holdings, Inc. (NYSE:QTWO) is recognized as one of the best technology stocks at a 52-week low, despite a recent price target reduction by RBC Capital from $86 to $67 [1][6] - The company's Q4 results indicated improving margins and strong bookings, but a conservative fiscal 2027 subscription revenue growth outlook of 12.5% to 13% has pressured the stock [1][6] Financial Performance - In Q4, Q2 Holdings reported total revenue of $208.2 million, marking a 14% year-over-year increase and a 3% quarter-over-quarter increase [2] - Full-year revenue reached $794.8 million, also up 14% from the previous year, with subscription revenue constituting 82% of total revenue and growing by 17% [2] - Total Annual Recurring Revenue (ARR) was $921 million, reflecting a 12% annual growth, while subscription ARR increased by 14% to $780 million [2] - Gross margin improved to 58.6% in Q4, up from 57.4% the previous year, and full-year gross margins rose from 56% to 58% [2] - The company generated $173 million in free cash flow during the year, with a solid conversion rate of 93% [2] Business Operations - Q2 Holdings operates as a provider of digital solutions, catering to financial technology companies, alternative finance companies, financial institutions, and FinTechs across the United States [3] - The company offers a Digital Banking Platform along with risk and fraud solutions [3]

Core Viewpoint - Q2 Holdings (QTWO) has been upgraded to a Zacks Rank 1 (Strong Buy) due to an upward trend in earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system is based on changes in earnings estimates, which are closely correlated with near-term stock price movements [4][6]. - Institutional investors utilize earnings estimates to determine the fair value of stocks, leading to buying or selling actions that affect stock prices [4]. Business Outlook for Q2 Holdings - The upgrade indicates a positive outlook for Q2 Holdings' earnings, suggesting that the company's underlying business is improving [5][10]. - Analysts have raised their earnings estimates for Q2 Holdings, with the Zacks Consensus Estimate increasing by 5.1% over the past three months [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7]. - Only the top 5% of Zacks-covered stocks receive a "Strong Buy" rating, indicating superior earnings estimate revisions [9][10].

A downtrend has been apparent in Q2 Holdings (QTWO) lately with too much selling pressure. The stock has declined 18.2% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. ...

Group 1 - The current market sentiment is negative towards software stocks due to fears that AI may disrupt the recurring-revenue business models that were highly valued during the COVID era [1] - Premium valuation multiples for software companies are under pressure as investors reassess their long-term growth prospects in light of AI advancements [1] Group 2 - Gary Alexander has extensive experience in technology sectors, having worked on Wall Street and in Silicon Valley, which informs his insights into current industry trends [1] - He has been a contributor to Seeking Alpha since 2017 and has been featured in various publications, indicating a recognized authority in the field [1]

Core Insights - The company reported strong financial results for the fourth quarter and full year, exceeding guidance with non-GAAP revenue of $183 million, a 13% year-over-year increase, and adjusted EBITDA of $37.6 million, representing a margin improvement of approximately 630 basis points [1][17][24] - The company achieved record bookings in the fourth quarter, marking the best quarter in terms of bookings in its history, driven by a balanced mix of new and expansion wins, including 25 Tier 1 and enterprise deals throughout the year [5][6][13] - The company is optimistic about the demand environment for 2025, with a strong pipeline and expectations for continued growth in subscription revenue, which accounted for 79% of total revenue in 2024 [10][18][29] Financial Performance - Non-GAAP revenue for the full year reached $696.5 million, an 11% increase from the previous year, with subscription revenue growing by 16% [17][18] - Total annualized recurring revenue (ARR) grew to $824 million, up 12% year-over-year, with subscription ARR increasing to $682 million, a 15% rise [20][21] - The company reported a trailing 12-month net revenue retention rate of 109%, indicating strong performance in subscription-based revenue despite a decline in professional services revenue [22][23] Sales and Customer Engagement - The company experienced a record year for renewals, with renewal bookings increasing by 80% year-over-year, and renewed 10% of its entire digital banking customer base in the fourth quarter alone [21][22][74] - The success of the Q2 Innovation Studio was highlighted as a key differentiator in sales, contributing to more than 90% of new wins in 2024 [8][10] - The company has identified significant cross-sell opportunities within its existing customer base, particularly among Tier 1 financial institutions that do not yet utilize its commercial functionality [12][13][45] Operational Efficiency - Gross margins improved to 57.4% in the fourth quarter, up from 56% in the prior year, driven by a higher mix of subscription revenue and operational efficiencies [24][26] - Total adjusted EBITDA for the full year was $125.3 million, reflecting a 63% increase from the previous year, with margins expanding by approximately 570 basis points [26][28] - The company generated free cash flow of $107 million for the year, representing an 85% conversion rate as a percentage of adjusted EBITDA, attributed to improved profitability and effective working capital management [27][28] Future Outlook - The company forecasts first quarter revenue in the range of $184 million to $188 million, with full year 2025 revenue expected to be between $772 million and $779 million, representing year-over-year growth of 11% to 12% [28][29] - The updated three-year financial framework anticipates an increase in average annual subscription revenue growth from approximately 14% to 15%, with a target for 2026 subscription revenue growth of approximately 13% [30][31] - The company aims to achieve a subscription revenue rule of 40 as a sustainable long-term objective, supported by a robust pipeline and strong market demand [30][32]

Core Insights - The company reported strong first-quarter results, with revenue of $189.7 million, a 15% increase year-over-year, and adjusted EBITDA of $40.7 million, representing 21.5% of revenue [1][11] - The company is experiencing solid sales performance, highlighted by significant enterprise and Tier 1 deals, and a strong focus on fraud management solutions [5][21] - The outlook for the remainder of the year is positive, with expectations for continued growth in subscription revenue and strong renewal opportunities [10][20] Financial Performance - Total revenue for Q1 was $189.7 million, up 15% year-over-year and 4% sequentially, driven primarily by subscription-based revenues, which grew 18% year-over-year [11][12] - Adjusted EBITDA reached a record $40.7 million, up 61% from the prior year, with gross margins improving to 57.9% [16][14] - Free cash flow for the quarter was $37.8 million, exceeding typical seasonal patterns due to favorable customer invoicing [17][18] Customer Engagement and Market Trends - The company signed a Tier 1 relationship pricing deal with a bank to enhance commercial relationship profitability, indicating strong demand for fraud solutions [5][6] - There was a notable expansion in existing customer relationships, with three of the top ten largest customers renewing contracts, reflecting confidence in the company's solutions [8][21] - The company continues to see a solid pipeline for the remainder of the year, with expectations for strong renewal and expansion opportunities [10][20] Strategic Focus and Future Outlook - The company is committed to investing in R&D and expanding its partner ecosystem to deliver innovative solutions quickly [7] - The shift towards higher-margin subscription revenues is expected to support sustainable, profitable growth in the long term [12][13] - Guidance for Q2 revenue is projected between $191 million and $195 million, with full-year revenue expectations raised to $776 million to $783 million, representing 11% to 12% growth [19]

Core Insights - The company reported strong financial results for Q3, with revenue of $202 million, a 15% year-over-year growth, and adjusted EBITDA of $49 million, reflecting a 24.2% margin [1][15] - The company achieved record bookings in Q3, driven by a mix of new and expansion deals, including 7 Tier 1 and enterprise wins [5][28] - The company is raising its financial outlook for the full year 2025, reflecting confidence in its growth trajectory and strong demand [13][23] Financial Performance - Total revenue for Q3 was $201.7 million, marking a 15% increase year-over-year and a 3% sequential increase [15][16] - Subscription-based revenues grew by 18% year-over-year, constituting 82% of total revenue, indicating a shift towards higher-margin revenue streams [16][17] - Total annualized recurring revenue (ARR) reached $888 million, up 12% year-over-year, driven by strong subscription-based bookings [17][18] Operational Highlights - The company signed significant deals, including a major expansion with a $200 billion digital banking customer for fraud solutions, indicating robust demand in the market [7][19] - The gross margin improved to 57.9%, up from 56% in the prior year, driven by a higher mix of subscription-based revenues [19][20] - Operating expenses were $76 million, or 37.7% of revenue, down from 41.5% in the prior year, reflecting improved operational efficiency [20][21] Strategic Initiatives - The company hosted its second annual Dev Days conference, focusing on AI capabilities and showcasing planned AI offerings to enhance customer experience [9][10] - A new partner data integration strategy aims to create a unified ecosystem, enhancing innovation and customer service [11][12] - Leadership changes were announced to better align talent with long-term strategy, including the appointment of a new Chief Operating Officer [13][14] Market Outlook - The company forecasts Q4 revenue between $202.4 million and $206.4 million, raising the full-year revenue guidance to $789 million to $793 million, representing 13% to 14% growth [23][24] - Subscription revenue growth for 2026 is expected to be approximately 13.5%, reflecting strong bookings momentum [24][25] - The company anticipates continued demand for its services, particularly in the context of bank M&A activity, which historically benefits its business model [44][46]

Core Insights - The company reported strong financial results for the third quarter, exceeding guidance with non-GAAP revenue of $175 million, a 13% year-over-year increase, and subscription revenue growth of 18% year-over-year [1][19] - The company achieved its previously disclosed goal of reaching the Rule of 30 on total revenue by late 2024, indicating solid operational execution and growth strategy [5][28] - Adjusted EBITDA for the quarter was $32.6 million, reflecting a 66% increase from the previous year, and free cash flow reached $35 million, significantly up from $10 million year-to-date in 2023 [25][26] Financial Performance - Non-GAAP revenue for Q3 was $175 million, up 13% year-over-year and 1% sequentially, driven primarily by subscription-based revenues [19][27] - Subscription revenue accounted for over 80% of total revenue, highlighting a strategic shift towards higher-margin recurring revenue streams [18][19] - Total annualized recurring revenue (ARR) grew to $796 million, a 15% increase year-over-year, with subscription ARR reaching $655 million, up 20% year-over-year [21][22] Sales and Market Activity - The company secured 6 enterprise and Tier 1 deals in the quarter, including significant wins with top 50 U.S. banks, showcasing strong demand for its digital banking solutions [5][30] - Notable wins included a top 50 bank selecting the digital banking platform and a Tier 2 bank adopting the entire platform for various segments, indicating a robust sales pipeline [6][7] - The company experienced its strongest quarter for cross-sell bookings, with significant contributions from its partner ecosystem [11][12] Operational Efficiency - Gross margins improved to 56%, up from 53.9% year-over-year, driven by a higher mix of subscription revenues and increased operational efficiencies [23] - Total operating expenses decreased as a percentage of revenue, reflecting improved scaling of sales and marketing expenses [24] - The company generated free cash flow as a percentage of adjusted EBITDA expected to exceed 70% for the full year of 2024, indicating strong cash flow management [26] Future Outlook - The company forecasts Q4 non-GAAP revenue between $178.1 million and $181.1 million, with full-year revenue expected to grow by 11% [27][28] - Subscription revenue growth is anticipated to reach approximately 16% year-over-year for the full year, exceeding initial projections [27][28] - The company remains optimistic about its growth trajectory, with expectations for continued strong performance in 2025 [28][41]

Core Insights - Q2 Holdings (QTWO) reported revenue of $208.22 million for the quarter ended December 2025, reflecting a year-over-year increase of 13.8% [1] - The company's EPS for the quarter was $0.61, up from $0.48 in the same quarter last year, indicating a positive trend in earnings [1] - The reported revenue exceeded the Zacks Consensus Estimate of $204.82 million by 1.66%, and the EPS also surpassed the consensus estimate of $0.59 by 4.1% [1] Financial Performance Metrics - Registered users for Q2 Holdings were reported at 27.3 million, slightly below the estimated 27.5 million [4] - Subscription revenue was $170.67 million, exceeding the average estimate of $168.64 million [4] - Revenue from services and other sources was $20.15 million, surpassing the average estimate of $18.8 million [4] - Transactional revenue reached $17.41 million, slightly above the average estimate of $17.38 million [4] Stock Performance - Over the past month, shares of Q2 Holdings have declined by 16.7%, while the Zacks S&P 500 composite experienced a minor decline of 0.3% [3] - The stock currently holds a Zacks Rank of 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]