Qualys Inc Stock Price, News & Analysis

Qualys, Inc. (NASDAQ: QLYS) will report its third-quarter 2021 financial results on November 3, 2021, after market close. The company will host a conference call at 5:00 p.m. ET to discuss these results, providing investors access via dial-in and a live webcast. With over 19,000 active customers across 130 countries, Qualys continues to lead in cloud-based IT security solutions, supporting organizations in enhancing their digital transformation strategies. For further details, investors can join the call or access the replay through the provided webcast link.

Qualys, a leader in cloud-based IT security solutions, has launched its Ransomware Risk Assessment Service, aimed at helping organizations identify and mitigate ransomware risks. This service will be available at no cost for 60 days during Cybersecurity Awareness Month. The FBI reported a 62% rise in ransomware incidents, highlighting the growing threat. The service provides a comprehensive view of ransomware exposure, integrates patch deployment, and offers actionable insights based on extensive research into ransomware vulnerabilities. Organizations can sign up for the service immediately.

Qualys, Inc. (NASDAQ: QLYS) announced the integration of zero-touch patching into its Patch Management app, enhancing cybersecurity efficiency. This new capability automates patch deployment, reducing vulnerabilities and operational costs while accelerating compliance with security policies. The feature prioritizes vulnerabilities based on real-time threat indicators, alleviating the burden on IT teams. Qualys aims to support organizations in minimizing cyber risks, especially against ransomware, by delivering proactive patching solutions. The zero-touch patching is set to be available in October 2021.

On August 11, 2021, Qualys (NASDAQ: QLYS) announced its participation in the Citi's 2021 Global Technology Virtual Conference. Sumedh Thakar, CEO, and Joo Mi Kim, CFO, will engage in one-on-one meetings and a fireside chat on September 13, 2021, at 3:30 p.m. ET. A live webcast will be available on Qualys' investor relations page, with a replay following the event. Qualys continues to lead in cloud-based IT and security solutions, supporting over 19,000 customers globally.

Qualys, Inc. reported strong second-quarter results for 2021, with revenues of $99.7 million, a 12% increase from the previous year. Net income was $21.1 million or $0.53 per diluted share. The company saw a significant 51% year-over-year growth in paid cloud agent subscriptions, totaling 64 million. Operating cash flow surged 86% to $54.4 million, representing 55% of revenues. Leadership changes include Sumedh Thakar as CEO and Allan Peters as Chief Revenue Officer. Qualys also introduced new cybersecurity solutions, enhancing its competitive edge.

Qualys (NASDAQ: QLYS) announced on August 9, 2021, its agreement to acquire TotalCloud, a no-code automation platform, enhancing its Cloud Security solution. This acquisition aims to simplify the creation of user-defined workflows, allowing users to automate tasks across multi-cloud environments through a drag-and-drop interface. CEO Sumedh Thakar highlighted the need for automated workflows in improving cloud security. The TotalCloud technology will enable integration with tools like ServiceNow and Jira, enhancing Qualys' offerings and innovation in the cloud security domain.

Qualys (NASDAQ: QLYS) has partnered with Red Hat to improve security for Red Hat OpenShift and its Enterprise Linux CoreOS. This collaboration introduces a containerized Qualys Cloud Agent that provides continuous visibility and management of vulnerabilities. The integrated solution enables users to monitor installed software, manage host hygiene, and deploy security measures without modifying the host. This collaboration aims to enhance the security posture for organizations utilizing Red Hat technology.

Qualys, Inc. (NASDAQ: QLYS) announced it will lead four sessions at Black Hat and DEF CON 2021, focusing on enhancing security for customers. The company's unified cloud platform aims to combat ransomware through features like asset inventory management and automated remediation. Key solutions highlighted include Cybersecurity Asset Management (CSAM) and Zero Touch Patch Management. Notable sessions will include discussions on vulnerability management and defense strategies against sophisticated cyber attacks. Qualys provides security intelligence to over 19,000 customers worldwide.