Qualys Inc is a leading provider of cloud-based security and compliance solutions, enabling organizations to detect, monitor, and protect their IT assets from vulnerabilities and cyber threats. The company offers a comprehensive suite of services that include vulnerability management, policy compliance, web application security, and continuous monitoring, all delivered through its integrated cloud platform. By helping businesses streamline their security processes and maintain regulatory compliance, Qualys empowers organizations to strengthen their security posture and safeguard their critical digital assets in an increasingly complex cyber landscape.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Qualys (NASDAQ:QLYS) and the rest of the cybersecurity stocks fared in Q3.
Shares of cloud security and compliance software provider Qualys (NASDAQ:QLYS)
jumped 20.6% in the pre-market session after the company reported a "beat and raise" quarter. Qualys results below past most of the key top-line metrics we track, including billings, EBITDA, and adjusted EPS.
Cloud security and compliance software provider Qualys (NASDAQ:QLYS) reported Q3 CY2024 results beating Wall Street’s revenue expectations, with sales up 8.4% year on year to $153.9 million. Guidance for next quarter’s revenue was better than expected at $156 million at the midpoint, 1.2% above analysts’ estimates. Its non-GAAP profit of $1.56 per share was also 16.8% above analysts’ consensus estimates.
Cloud security and compliance software provider Qualys (NASDAQ:QLYS)
will be reporting earnings tomorrow after market close. Here’s what investors should know.
