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. reports developments in cloud-based IT, security and compliance solutions delivered through a subscription software platform. Company news commonly covers financial results and guidance, Enterprise TruRisk Management, product releases such as Agent Val and TruConfirm-enabled exploit validation, cyber risk management partnerships, customer adoption, partner-channel activity, share repurchase actions, and investor-conference participation.
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.
Qualys, Inc. (NASDAQ: QLYS) announced the appointment of John Zangardi to its Board of Directors on June 16, 2020. Zangardi brings extensive digital transformation expertise, having led multi-cloud strategies at various government agencies including the DHS and DOD. His role is expected to enhance Qualys' cloud security initiatives. Company Chairman Philippe Courtot expressed confidence in Zangardi's ability to provide valuable insights as Qualys aims to innovate its security solutions amidst evolving threats. Qualys serves over 15,700 customers globally, including major corporations.