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Q2 Holdings missed earnings and revenue forecasts in Q4 2024 due to competition and economic pressures, despite strong cash flow and ongoing digital banking growth.
Q2 Holdings reported mixed financial results for Q4 2024, with revenue and earnings per share falling short of analyst expectations, though the company maintained strong cash flow and continued expanding its digital banking platform.
The firm cited increased competition and macroeconomic pressures as challenges, while reaffirming its long-term growth strategy focused on financial technology solutions for banks.
No major updates were provided for future guidance.
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Q2 Holdings no alcanzó las previsiones de ganancias e ingresos en el cuarto trimestre de 2024 debido a la competencia y las presiones económicas, a pesar del fuerte flujo de efectivo y el crecimiento continuo de la banca digital.