Qualys Inc Stock Price, News & Analysis

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.

Qualys (NASDAQ: QLYS) announced a contract to provide its FedRAMP-authorized Cloud Platform to the Department of Homeland Security (DHS) for the Continuous Diagnostics and Mitigation (CDM) program. This platform will enhance cybersecurity across 70+ federal agencies, offering continuous vulnerability assessments, asset management, and application security testing. Delivered through Carahsoft Technology Corp, the solution supports government initiatives to strengthen cyber risk management. Qualys aims to streamline security and compliance in the digital transformation of federal agencies.

Qualys, Inc. (NASDAQ: QLYS) will report its second quarter 2021 financial results after market close on August 9, 2021. A conference call will follow at 5:00 p.m. ET to discuss the results, accessible via (877) 881-2609 in the U.S. or (970) 315-0463 internationally. The company serves over 19,000 active customers in more than 130 countries, including a majority of the Forbes and Fortune Global 100. Qualys offers a comprehensive cloud-based platform for continuous security compliance, enhancing operational agility and reducing costs.

Qualys, Inc. (NASDAQ: QLYS) announced a strategic partnership with deepwatch on June 16, 2021, to enhance managed vulnerability services. The integration incorporates Qualys' VMDR (Vulnerability Management, Detection and Response), Policy Compliance, and Web Application Scanning into deepwatch's offerings. This collaboration allows deepwatch customers access to advanced security management tools and features centralized asset discovery and vulnerability assessment using Qualys' lightweight Cloud Agents. This partnership aims to bolster security and streamline vulnerability management for users.

Qualys, Inc. (NASDAQ: QLYS) announced the passing of its former CEO and chairman, Philippe Courtot, on June 5, 2021, at the age of 76. Courtot led the company for over 20 years, guiding its growth into a leading provider of cloud-based security solutions. He became CEO in March 2001 and oversaw the company's IPO in 2012. Under his leadership, Qualys expanded its global reach with over 19,000 active customers, including many Fortune 100 companies. The company plans to honor his legacy by continuing to grow based on his vision.

On May 18, 2021, Qualys, Inc. (NASDAQ: QLYS) launched CyberSecurity Asset Management (CSAM), a solution designed to enhance IT asset visibility and security on its cloud platform. CSAM addresses digital transformation challenges by providing a comprehensive inventory of assets, detecting security gaps, and facilitating risk response. It integrates with ServiceNow CMDB for accuracy and uses multiple sensors for asset information. The service aims to empower security teams with timely alerts and compliance reporting. CSAM will be available in June 2021, along with a free trial waiting list.

Qualys, a leader in cloud-based IT security, reported Q1 2021 revenues of $96.8 million, up 12% year-over-year. The company achieved a GAAP net income of $0.2 million and a non-GAAP net income of $29.8 million with a diluted EPS of $0.01 (GAAP) and $0.74 (non-GAAP). Operating cash flow increased 10% to $57.9 million. The strong adoption of their VMDR application contributed significantly to growth. Qualys is optimistic about its strategic direction and long-term value for shareholders.