QLYS Stock Recent News

Qualys' strong Q3 earnings, raised guidance, and potential sale news drove the stock up significantly, but I'm downgrading it to Hold as its valuation isn't as attractive anymore. The company still has strong profitability (although profitability has fallen a bit) and a debt-free balance sheet. Qualys' net dollar expansion rate improved to 103%, signaling a potential end to the downward trend, but management expects no material improvements in Q4.

Qualys, Inc. QLYS reported better-than-expected third-quarter financial results and raised its FY24 guidance on Tuesday.

QLYS' third-quarter 2024 earnings reflect the benefits of revenue growth across channel partners, offset by increasing sales and marketing expenses.

FOSTER CITY, Calif. , Nov. 6, 2024 /PRNewswire/ -- Qualys, Inc. (NASDAQ: QLYS), a leading provider of disruptive cloud-based IT, security and compliance solutions, today announced that management will participate in a fireside chat and host one-on-one meetings with interested investors at the following conference: UBS' Global Technology and AI Conference.

Qualys, Inc. (NASDAQ:QLYS ) Q3 2024 Earnings Conference Call November 5, 2024 5:00 PM ET Corporate Participants Blair King - Vice President, Investor Relations and Corporate Development Sumedh Thakar - President and Chief Executive Officer Joo Mi Kim - Chief Financial Officer Conference Call Participants Jonathan Ho - William Blair Roger Boyd - UBS Patrick Colville - Scotiabank Kingsley Crane - Canaccord Genuity Joel Fishbein - Truist Rudy Kessinger - DA Davidson Matt Hedberg - RBC Trevor Walsh - Citizens Shrenik Kothari - Baird Yun Kim - Loop Capital Operator Ladies and gentlemen, thank you for standing by. Welcome to Qualys' Third Quarter 2024 Investor Call.

Qualys (QLYS) came out with quarterly earnings of $1.56 per share, beating the Zacks Consensus Estimate of $1.33 per share. This compares to earnings of $1.51 per share a year ago.

Revenue Growth of 8% Year-Over-Year  GAAP EPS: $1.24; Non-GAAP EPS: $1.56 Raises 2024 Revenue Guidance to $602.9-$605.9 million Raises 2024 GAAP EPS Guidance to $4.31-$4.41 Raises 2024 Non-GAAP EPS Guidance to $5.81-$5.91 FOSTER CITY, Calif. , Nov. 5, 2024 /PRNewswire/ -- Qualys, Inc.

QLYS' third-quarter 2024 results are expected to benefit from the growing demand for cybersecurity solutions.

Qualys (QLYS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

GigaOm recognizes Qualys VMDR as "Leader" for fourth consecutive year in Continuous Vulnerability Management category; Qualys Web Application Security also recognized a Leader in GigaOm Radar Report for Application Security Testing FOSTER CITY, Calif. , Oct. 24, 2024 /PRNewswire/ -- Qualys, Inc. (NASDAQ: QLYS), a leading provider of disruptive cloud-based IT, security and compliance solutions, today announced that Qualys Vulnerability Management, Detection and Response (VMDR) was the only company to be named both "Outperformer" and "Leader"  in the Continuous Vulnerability Management (CVM) category in the 2024 GigaOm Radar Report.