Bookings And BacklogBookings hit a record as QTWO signed 7 Tier-1/Enterprise customers and backlog grew 24%.
Financial OutlookStrong sales momentum led QTWO to provide an above-consensus 4Q guide, raised the FY25 outlook, and also provided a preliminary guide for FY26 which is above Street expectations.
Revenue GrowthQTWO posted a solid 3Q beating estimates on the top and bottom line on the back of 17.5% subscription revenue growth and impressive gross and EBITDA margin expansion.