Qualys Inc Stock Price, News & Analysis

On Sept. 22, 2020, Qualys, Inc. (NASDAQ: QLYS) announced the launch of Qualys Multi-Vector EDR, a cloud-based Endpoint Detection and Response (EDR) solution. This innovative system aims to enhance security by integrating asset management, vulnerability risk management, and EDR through a unified platform. Key features include real-time endpoint discovery, prioritization of suspicious activities, and multi-tiered response capabilities. Qualys targets organizations prioritizing vulnerability management, with support for Linux set for November.

Qualys, Inc. (NASDAQ: QLYS) announces a partnership with Infosys to integrate its VMDR and Multi-Vector EDR solutions into the Cyber Next Platform. This collaboration aims to enhance cybersecurity offerings by providing comprehensive visibility, reducing false positives, and enabling rapid incident response across hybrid IT environments. The Qualys Cloud Platform will support this integration, allowing Infosys clients to leverage advanced functionalities such as Patch Management and File Integrity Monitoring.

Qualys (NASDAQ: QLYS) announced the integration of its Global IT Asset Inventory with ServiceNow's Service Graph and Configuration Management Database (CMDB). This addition to the Service Graph Connector Program aims to provide organizations with reliable asset information across hybrid IT environments, enhancing security and compliance. Key features include continuous two-way synchronization, accurate workflows, and proactive compliance, ensuring a single source of truth for asset management. This integration is available immediately via the ServiceNow App Store, with a 30-day free trial offered to customers.

Qualys, Inc. (NASDAQ: QLYS) announced participation in investor conferences including Citi's 2020 Global Technology Conference on September 9, 2020, and Deutsche Bank's 2020 Technology Conference on September 14, 2020. Management, including CFO Joo Mi Kim and VP Vinayak Rao, will lead one-on-one meetings and a fireside chat. A live webcast of the chats will be available on their investor relations page, with replays accessible afterwards. Qualys, serving over 15,700 customers globally, is known for its integrated cloud-based IT and security solutions.

Qualys, Inc. (NASDAQ: QLYS) reported a strong performance for Q2 2020, with revenues reaching $88.8 million, a 13% increase year-over-year. The company achieved a GAAP net income of $26.3 million or $0.64 per diluted share, marking a significant improvement from $16.2 million in Q2 2019. Non-GAAP net income also rose to $30.3 million or $0.74 per diluted share. Adjusted EBITDA soared by 28% to $42.8 million. Qualys registered strong demand for its cloud-based cybersecurity solutions, particularly amidst the challenges posed by COVID-19.

Qualys, Inc. (NASDAQ: QLYS) has expanded its partnership with Ivanti to integrate Ivanti's Patch Management technology into its VMDR platform. This integration enables users to patch MacOS systems and over 70 third-party applications directly through Qualys VMDR, enhancing endpoint security. Qualys VMDR automates vulnerability management, allowing organizations to respond rapidly to security threats. The Ivanti patch catalog secures over 180 million endpoints globally and supports hybrid IT environments, facilitating seamless operations for remote workers.

Qualys, Inc. (NASDAQ: QLYS) announced the launch of its Multi-Vector EDR, a new Endpoint Detection and Response solution that enhances security by providing comprehensive visibility into cyber threats beyond just endpoints. This solution integrates various security indicators, utilizing the Qualys Cloud Platform to automate threat response and reduce false positives. Additionally, the company acquired the software assets of Spell Security to improve threat research and endpoint behavior detection. Multi-Vector EDR is currently in beta for Windows, with a general release expected in late Q3 2020.

Qualys (NASDAQ: QLYS) has acquired the software assets of Spell Security, enhancing its capabilities in endpoint detection and response. This acquisition aims to bolster Qualys' security research and endpoint behavior detection, integrating advanced threat hunting techniques. Notable technology improvements include rich telemetry, incident investigation tools, and better visibility into malicious activities. Key employees from Spell, including founder Rajesh Mony, have joined Qualys to facilitate the integration of their innovative solutions into the Qualys Cloud Platform, promising stronger defenses against multi-vector threats.

Qualys (NASDAQ: QLYS) has launched a 60-day pilot program offering its Remote Endpoint Protection to U.S. federal agencies at no cost. This initiative allows agencies to enhance their security for teleworking environments by leveraging the Qualys Agent which provides real-time vulnerability assessments, malware detection, and patch management.

The solution is designed to minimize bandwidth usage on VPNs and supports Microsoft Windows 7 and above. Qualys aims to support federal organizations in maintaining robust security during increased remote work.