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 (NASDAQ: QLYS) has been awarded the Best Vulnerability Management Solution at the 2024 SC Awards Europe for the second consecutive year. The accolade recognizes their Vulnerability Management, Detection and Response (VMDR) solution, which proactively identifies and mitigates vulnerabilities. The SC Awards praised Qualys VMDR for its holistic approach and strong application in the market. The solution has also been recognized at the 2023 SC Awards Europe and the 2022 SC Media Awards in the U.S.
Greg Coutouvidis from Centrica highlighted the effectiveness of VMDR with TruRisk, noting its ability to prioritize high-risk vulnerabilities using lightweight cloud agents. Chief Product Officer Pinkesh Shah expressed pride in the achievement, reflecting Qualys' commitment to protecting organizations from cyber threats.
Qualys has announced enhancements to its Enterprise TruRisk Platform, aimed at supporting federal agencies' zero-trust implementation in compliance with OMB M-24-04 and CISA BOD 23-01 guidelines. The platform now integrates External Attack Surface Monitoring, risk-based vulnerability management, and patch management into a single, FedRAMP-authorized solution. This update helps agencies achieve real-time visibility and automated compliance, focusing on asset discovery, vulnerability assessment, and risk prioritization. The new solutions aim to address the 31% of unknown assets and the 45% of assets with undefined criticality in agencies.
These enhancements allow organizations to discover and manage both known and unknown attack surfaces, streamline vulnerability remediation, and fast-track zero-trust strategies. They also offer seamless integration for compliance with FISMA's broader risk assessment and remediation requirements.
Qualys is hosting a Public Sector Cyber Risk Conference in Washington D.C. to further discuss these improvements.
Qualys, Inc. (NASDAQ: QLYS) will be participating in William Blair's 44th Annual Growth Stock Conference where the president, CEO, and CFO will host one-on-one meetings and a fireside chat in Chicago on June 5, 2024. The event will feature a live webcast accessible on the Qualys investor relations page and a replay will be available post-event.
Qualys, Inc. announced its first-quarter 2024 financial results, showcasing a 12% year-over-year revenue growth. The company reported impressive GAAP EPS of $1.05 and Non-GAAP EPS of $1.45, raising its 2024 GAAP EPS guidance to $3.26-$3.50 and Non-GAAP EPS guidance to $5.06-$5.30. With strong profitability and continuous innovation, Qualys positioned itself as a leader in risk management, offering advanced solutions to eliminate cyber risk. The company's financial highlights include revenue growth, increased gross profit, operating income, net income, adjusted EBITDA, and operating cash flow.
Qualys, Inc. (NASDAQ: QLYS) has launched CyberSecurity Asset Management 3.0, an expansion of the Enterprise TruRisk Platform. This update provides cybersecurity teams with an accurate, real-time view of the external attack surface, reducing false positives and mitigating risks. The release introduces an EASM engine, passive sensing for IoT and rogue devices, and third-party API-based connectors. It consolidates asset discovery, enhances attack surface coverage, and enables organizations to gain precise insights, reduce false positives, and eliminate unknown assets in real-time.
Qualys, Inc. announced the launch of its Managed Security Services Partner (MSSP) Portal to streamline partner operations. This portal aims to enhance partner management processes, improve operational efficiencies, and increase revenue opportunities. With nearly 50 partners onboarded, the portal offers enhanced user access experience, streamlined management for quick decisions, and increased efficiency from automated workflows. The MSSP market is growing, reaching $68.3 billion in 2028, driving the demand for cybersecurity outsourcing.
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