Qualys Inc Stock Price, News & Analysis

Qualys, Inc. (NASDAQ: QLYS) has updated stakeholders regarding a security incident involving a zero-day exploit in the Accellion FTA file transfer solution. The company confirmed that there was no impact on its production environments, codebase, or customer data. All services remain fully functional, with the Accellion FTA server deployed in a segregated DMZ environment, ensuring no connectivity to the Qualys Cloud Platform. Qualys is committed to enhanced security measures and is working with FireEye Mandiant to investigate further.

Qualys, Inc. (NASDAQ: QLYS) announced the extension of its partnership with HCL Technologies to embed Qualys VMDR into the HCL CyberSecurity Fusion Center. This collaboration enables HCL customers to utilize VMDR's automation for vulnerability management, enhancing their security and compliance capabilities. The CSFC will leverage integrated threat intelligence for improved security incident management. Qualys aims to support enterprises in their digital transformation with comprehensive security solutions.

Qualys, Inc. (NASDAQ: QLYS) announced participation in two investor conferences. Management, including Sumedh Thakar, interim CEO, and Joo Mi Kim, CFO, will engage in a fireside chat and one-on-one meetings at the JMP Securities Virtual Technology Conference on March 1, 2021, at 10:00 a.m. ET, and the Morgan Stanley Virtual Technology, Media and Telecom Conference on March 2, 2021, at 11:45 a.m. ET. A live webcast will be available on Qualys' investor relations page, with replays accessible afterward.

Qualys, Inc. (NASDAQ: QLYS) has announced the expansion of its VMDR (Vulnerability Management, Detection and Response) solution to mobile devices, supporting Android and iOS/iPadOS. This move aims to provide a comprehensive security solution in response to the increased use of mobile devices as potential threat vectors. Key features include a complete inventory of mobile devices, continuous vulnerability assessment, real-time misconfiguration monitoring, and built-in response capabilities. The service is available now, starting at $60 per device annually, with a 30-day free trial option.

Qualys, Inc. (NASDAQ: QLYS) reported robust financial results for Q4 and full year 2020. Q4 revenues reached $94.8 million, a 12% increase year-over-year, with GAAP net income of $23.8 million or $0.59 per diluted share. Full year revenue rose 13% to $363.0 million, with GAAP net income at $91.6 million. The company announced a $100 million share repurchase program and launched a free 60-day integrated VMDR service to address recent security breaches. They highlighted increased adoption of their VMDR application with approximately 56 million agents purchased.

Qualys, Inc. (NASDAQ: QLYS) announced that CEO Philippe Courtot is taking a leave of absence due to health issues unrelated to COVID-19. Effective February 7, 2021, Sumedh Thakar, the President and Chief Product Officer, has been appointed as interim CEO. The Board emphasized its confidence in Thakar, who has nearly 20 years with Qualys, to continue leading the company. Qualys serves over 19,000 active customers globally, providing cloud-based security and compliance solutions and maintaining strategic partnerships with major cloud providers.

Qualys, Inc. (NASDAQ: QLYS) introduced its new SaaS Detection and Response (SaaSDR) solution, enabling IT and security teams to enhance visibility, security, and compliance of critical SaaS applications. Built on the FedRAMP-authorized Qualys Cloud Platform, SaaSDR automates SaaS security management and supports major apps like Google Workspace and Microsoft Office 365. The platform offers features such as user visibility, access controls, and continuous security assessments. Pricing starts at $20 per user per application. Upcoming enhancements include proactive response capabilities and support for additional applications.

Qualys, Inc. (NASDAQ: QLYS) will announce its fourth quarter and full year 2020 financial results after market close on February 10, 2021. A conference call will follow at 5:00 p.m. ET, accessible via phone or a live webcast. Qualys, a leader in cloud-based IT security and compliance solutions, has over 15,700 active customers globally, including major corporations from the Forbes Global 100 and Fortune 100. They provide integrated security intelligence across various environments, partnering with cloud providers such as AWS and Microsoft Azure.

Qualys (NASDAQ: QLYS) reported the identification of 7.54 million vulnerabilities linked to FireEye Red Team tools and compromised SolarWinds Orion software. This was revealed through their 15,700 global customer base. Most vulnerabilities, 5.29 million unique assets, are associated with FireEye tools, with 99.84% stemming from eight patchable Microsoft vulnerabilities. To mitigate these risks, Qualys is offering a 60-day free access to its Vulnerability Management services, emphasizing their capabilities in real-time threat detection and response.