Qualys (QLYS) Stock News

Qualys, Inc. (NASDAQ: QLYS), a leader in cloud-based IT security and compliance solutions, will participate in Citi's 2022 Global Technology Conference on September 8, 2022, at 7:30 a.m. ET. CEO Sumedh Thakar and CFO Joo Mi Kim will conduct one-on-one meetings and engage in a fireside chat. A live webcast of the event will be available on Qualys' investor relations page, with a replay accessible afterward. Qualys serves over 10,000 subscription customers globally, streamlining security and compliance on a single platform.

Qualys, a leader in cloud-based IT security solutions, reported strong second-quarter results for 2022, achieving 20% revenue growth to reach $119.9 million.

GAAP EPS stands at $0.67 and non-GAAP EPS at $0.89. The company raises its 2022 revenue guidance to $488-$489.5 million and GAAP EPS guidance to $2.39-$2.44, while non-GAAP EPS guidance is increased to $3.50-$3.55. Despite a 38% decline in operating cash flow, growth in gross profit and operating income remains robust.

Qualys (NASDAQ: QLYS) has launched External Attack Surface Management (EASM) capabilities within its CyberSecurity Asset Management 2.0 platform to enhance security for enterprises. This integration allows for continuous detection of unknown internet-facing assets and improves the overall risk posture by providing insights from an external attacker's viewpoint. Organizations can now synchronize their data, identify vulnerabilities, and prioritize remediation efforts through automated workflows. The solution is available to current customers in preview and will be fully launched by mid-September.

Qualys, Inc. (NASDAQ: QLYS) is set to lead multiple speaking sessions at Black Hat 2022 and DEF CON 30, aiming to enhance IT, security, and compliance via its unified cloud platform. Key highlights include enhanced VMDR 2.0, which reportedly helps reduce risk by 23% to 50%, and CyberSecurity Asset Management 2.0, enabling continuous external attack surface monitoring. Qualys will showcase its innovative solutions and share best practices from leading customers, including Euronet Worldwide. The company has over 10,000 subscription customers globally and emphasizes automation and agility in security solutions.

Qualys (NASDAQ: QLYS) will release its second quarter 2022 financial results on August 8, 2022, after market close. The company will hold a conference call and live webcast at 5:00 p.m. Eastern Time on the same day to discuss the results. Qualys is a leading provider of cloud-based security, compliance, and IT solutions, serving over 10,000 subscription customers, including major Fortune 100 companies. The Qualys Cloud Platform enables automated security intelligence and vulnerability management across various IT environments.

Qualys, Inc. (NASDAQ: QLYS) has launched VMDR 2.0, a cloud-based solution enhancing vulnerability management with a drag-and-drop interface for prioritizing threats. The update addresses the doubling of disclosed vulnerabilities over five years and the challenge of cyber talent shortages. Customers utilizing the new TruRisk capability reported up to a 50% reduction in risk while managing 28% fewer critical vulnerabilities. The solution integrates tightly with ITSM tools like ServiceNow, enabling streamlined operations. VMDR 2.0 will be available for free trials in late June.

Qualys, Inc. has launched Custom Assessment and Remediation, enhancing its Qualys Cloud Platform to enable quicker responses to zero-day threats and facilitate compliance audits for custom applications. This solution empowers security teams to create custom scripts and automate workflows, significantly reducing mean time to respond (MTTR) to threats. It integrates easily into existing processes and provides access to a centralized library of scripts for efficiency. The solution is immediately available and aims to streamline security operations for organizations worldwide.

Qualys, Inc. (NASDAQ: QLYS) announced that it will participate in the J.P. Morgan 50th Annual Global Technology, Media and Communications Conference on May 24, 2022. Management, including president and CEO Sumedh Thakar and CFO Joo Mi Kim, will engage in one-on-one meetings and a fireside chat at 9:30 a.m. ET. A live webcast will be available on the Qualys investor relations page, along with a replay post-event. With over 10,000 subscribers, Qualys offers cloud-based security and compliance solutions, enhancing operational efficiency for organizations worldwide.

Qualys, Inc. (NASDAQ: QLYS) reported a strong start to 2022, with Q1 revenues increasing by 17% to $113.4 million. GAAP EPS rose to $0.64 and non-GAAP EPS to $0.89. The company's gross profit also increased by 19%, reflecting a GAAP gross margin of 79%. Operating cash flow surged by 37% to $79 million. Additionally, Qualys raised its full-year revenue guidance to $484-486.5 million and announced a $200 million increase to its share repurchase program. Their innovative products continue to gain traction, with a noted 40% customer penetration for its VMDR application.