Qualys Inc Stock Price, News & Analysis

Qualys (NASDAQ: QLYS) released its 2023 TruRisk Research Report, highlighting the detection of over 2.3 billion vulnerabilities in 2022. The report emphasizes the agility of threat actors and identifies key insights for organizations to fortify their security posture. Key findings include that weaponized vulnerabilities are patched in an average of 30.6 days, while attackers exploit them in just 19.5 days, leaving 11.1 days of exposure. Automation in patching significantly improves remediation times, with automated patches resolving issues 45% more frequently.

On February 9, 2023, Qualys (NASDAQ: QLYS) reported Q4 and full-year financial results for 2022, showcasing a 19% revenue growth year-over-year. For Q4, revenues reached $130.8 million with a net income of $28.3 million (GAAP EPS of $0.74). Full-year revenues totaled $489.7 million, with a GAAP net income of $108.0 million (EPS of $2.74). The company also announced a $100 million increase in its share repurchase program, indicating confidence in its growth trajectory. Qualys continues to innovate with new applications to strengthen its position in the cybersecurity sector.

Qualys, Inc. (NASDAQ: QLYS) has expanded its TruRisk platform to provide comprehensive cybersecurity solutions for both large enterprises and small to medium-sized businesses (SMBs). The new offerings, including VMDR TruRisk packages, integrate Vulnerability Management Detection and Response (VMDR), Patch Management, and EDR tailored for SMB needs. These solutions are designed to reduce cyber risks and enhance business growth. The VMDR TruRisk packages are available immediately, with Enterprise TruRisk Management set for preview in March 2023. Qualys emphasizes its commitment to delivering powerful cybersecurity tools that streamline processes and improve risk management.

Qualys has launched its new GovCloud platform, achieving FedRAMP Ready status at the High impact level, which is the most stringent cybersecurity certification. This platform offers a comprehensive suite of services, including asset inventory, vulnerability management, and compliance management, tailored for federal agencies. It aligns with NIST 800-53 standards and includes advanced features like external attack surface management and file integrity monitoring. Qualys aims to provide federal agencies with a modern alternative to outdated security solutions. The GovCloud platform will be available in late February, marking a significant advancement in federal cybersecurity readiness.

Qualys, Inc. (NASDAQ: QLYS), a leader in cloud-based IT security and compliance solutions, will release its financial results for Q4 and full year 2022 on February 9, 2023, after market close. A conference call and live webcast will be held at 5:00 PM ET on the same day for discussion of these results. The company serves over 10,000 subscription customers, including many from the Forbes Global 100 and Fortune 100, leveraging a cloud platform that integrates vulnerability management across various IT environments. For more details, visit www.qualys.com.

Qualys, Inc. (NASDAQ: QLYS), a leader in cloud-based IT security and compliance, announced its participation in two major investor conferences. Sumedh Thakar, president and CEO, along with Joo Mi Kim, CFO, will be present at the Wells Fargo TMT Summit in Las Vegas on November 29, 2022, and the NASDAQ 47th Investor Conference in London on December 6, 2022. A live webcast will be available on the company's investor relations page. Qualys serves over 10,000 customers globally, enhancing security through its innovative cloud platform.

On Nov. 2, 2022, Qualys announced its Q3 2022 financial results, reporting a 20% year-over-year revenue growth to $125.6 million. GAAP EPS stood at $0.71, while non-GAAP EPS was $0.94. The company raised its full-year revenue guidance to $488.6-$489.6 million and GAAP EPS guidance to $2.52-$2.54, reflecting strong financial performance. Adjusted EBITDA reached $54.9 million with a 44% margin. However, operating cash flow decreased by 13% to $42.2 million.

Qualys, a leader in cloud-based IT security solutions, will report its Q3 2022 financial results after market close on November 2, 2022. A conference call and webcast to discuss these results will take place at 5:00 p.m. Eastern Time on the same day. With over 10,000 subscription customers, including major corporations, Qualys aims to enhance security automation and compliance through its innovative platform. For more details, visit www.qualys.com.

Qualys, a leader in cloud-based IT security, has acquired Blue Hexagon on October 4, 2022. This acquisition integrates AI/ML technology into the Qualys Cloud Platform, enhancing real-time zero-day threat detection and predictive analytics. The deal allows Qualys to analyze over 10 trillion data points for active vulnerability exploitation and advanced risk mitigation. The transaction was primarily cash-based, with some stock options. All Blue Hexagon employees, including CEO Nayeem Islam, will join Qualys, boosting its capabilities in AI-driven cloud threat detection.