Welcome to our dedicated page for Qualys news (Ticker: QLYS), a resource for investors and traders seeking the latest updates and insights on Qualys stock.
Qualys, Inc. (NASDAQ: QLYS) is a cloud-based security, compliance and IT solutions provider whose news flow reflects developments in cyber risk management, platform innovation and financial performance. Founded in 1999 as one of the first SaaS security companies and based in Foster City, California, Qualys serves more than 10,000 subscription customers worldwide, including a majority of the Forbes Global 100 and Fortune 100.
The QLYS news stream typically features quarterly earnings announcements, where the company reports revenues, profitability metrics and guidance, often accompanied by Form 8-K filings under Item 2.02, “Results of Operations and Financial Condition.” These releases also highlight business milestones such as new capabilities in the Enterprise TruRisk Platform, Enterprise TruRisk Management (ETM) and Agentic AI-powered Risk Operations Center.
Investors and security professionals can follow updates on platform enhancements, including identity risk posture management via ETM Identity, contextual threat intelligence through TruLens, exploit validation with TruConfirm, and expansions of TotalAI and cloud-native application protection. News items also cover regulatory and public sector achievements, such as FedRAMP High Authorization for the Qualys Government Platform, as well as analyst recognitions and industry awards across areas like CNAPP, exposure management, patch management and attack surface management.
Corporate governance and strategic direction are reflected in announcements about board appointments, executive leadership roles and participation in investor conferences hosted by firms such as UBS and Canaccord Genuity. For users tracking QLYS, this news page offers a focused view of how Qualys evolves its Enterprise TruRisk Platform, deepens partnerships with major cloud providers and managed service partners, and positions itself within the broader cybersecurity and compliance landscape.
Qualys reported strong third-quarter results for 2020, with revenues rising 13% year-over-year to $93.1 million. The net income under GAAP was $22.7 million, or $0.56 per diluted share, reflecting an increase from $19.2 million in Q3 2019. Non-GAAP net income reached $31.4 million, or $0.77 per diluted share. The company's growth is driven by increased adoption of its VMDR application and Cloud Agent subscriptions, totaling approximately 50 million agents. Adjusted EBITDA rose 17% to $45.1 million, signifying robust operational efficiency as they prepare to launch new security solutions.
On November 4, 2020, Qualys (NASDAQ: QLYS) announced its new Container Runtime Security solution, enhancing security for containerized applications. This lightweight tool integrates into container images, offering policy-driven monitoring and blocking of runtime behaviors. Key features include critical file access monitoring, network micro-segmentation, and vulnerability mitigation without needing additional administration containers. The solution aims to streamline security across various platforms, including Docker and Kubernetes, enabling companies to maintain robust security measures throughout their development pipeline.
Qualys (NASDAQ: QLYS) announced an expansion of its integration with Microsoft Azure Arc, allowing customers to conduct vulnerability scanning on both on-premises and multi-cloud servers. By combining Qualys Vulnerability Management with Azure Defender, clients can now perform a one-click vulnerability assessment on non-Azure machines. This new built-in feature is available at no additional cost to Azure Defender for servers' customers. This collaboration aims to enhance security for hybrid cloud environments.
Qualys, Inc. (NASDAQ: QLYS) has announced its expansion into China by establishing a Private Cloud Platform in partnership with Digital China, the country's largest integrated IT service provider. This collaboration will allow Digital China to manage and resell Qualys' cloud-based IT, security, and compliance solutions. The Qualys Cloud Platform supports applications like VMDR, Multi-Vector EDR, and upcoming Security Analytics, enabling Chinese customers to enhance their security posture and respond to threats effectively. This move aims to broaden Qualys' global reach and solidify its presence in the Chinese market.
Qualys, Inc. (NASDAQ: QLYS) has announced it will report its third quarter 2020 financial results after market close on November 4, 2020. The company will hold a conference call at 5:00 p.m. ET to discuss the results. Qualys, a leader in cloud-based IT security and compliance solutions, serves over 15,700 customers globally, including a majority of the Forbes Global 100 and Fortune 100. The company aims to streamline security and compliance solutions for organizations, contributing to better business outcomes and cost efficiency.
Qualys, Inc. (NASDAQ: QLYS) announced that its VMDR® (Vulnerability Management, Detection and Response) will be integrated into Deloitte Canada's Cyber Risk Services. This partnership allows Deloitte clients to utilize the VMDR app for improved Vulnerability Threat Management (VTM), providing comprehensive visibility across IT environments. Deloitte plans to enhance its offerings with VMDR to help clients quickly identify, assess, prioritize, and remediate critical vulnerabilities. Qualys VMDR app is a cloud-based solution designed for efficient threat response and vulnerability management.
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.